Please I only need answers for Price Elasticity- i will send calculations file
Price Elasticity
Discuss what actions the company should take in setting the price of the Standard box given its price elasticity of demand.
Discuss what actions the company should take in setting the price of the Deluxe box given its price elasticity of demand.
Assuming the price elasticity of supply for the Standard box is inelastic, explain the key factors that the company must consider in expanding production.
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