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Wed 13 Sep, 2017 01:20 am
need help to solve a problem. There 3 types of customer and willing to pay x=2500, y=1300, z=1300 for business class airline ticket. x=1300, y=1000, z=1000 for economy class ticket. i need help in determining optimal pricing strategy under each of this class provided marginal cost is zero. and to maximize revenue which class must be chosen..!!??