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Discuss how price elasticity of demand influence the pricing

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a) Discuss how the oligopoly models presented in this chapter apply to the behavior of Home Depot and Lowe's.

b) Discuss how price elasticity of demand influences the pricing strategies of Linear Technology Corp. What market model best describes this industry? Explain.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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