Price elasticity-income elasticity for personal consumables
Question: Compare and contrast your best estimates (or reasonable 'guesstimates') of the price elasticity and income elasticity for the personal consumables versus the consumer durables. Specify the assumptions that you make.
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Does McDonald's use quality management procedures in its logistics system? In what ways (some specific examples)?
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The appropriate pricing strategy for your product or service and the price you will set at launch
Compare and contrast your best estimates of the price elasticity and income elasticity for the personal consumables versus the consumer durables.
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