Advice the price decisions for the company

Assignment Help Managerial Economics

Reference no: EM131017572 , Length: 4

A bus operates two routes,one to harare and another one to johanesburg.

the company analyst estimated that the elasticity of demand for joburg is 0.9 while for harare is 2.

the company want to maximise total revenue by approximately adjusting prices for both routes.

advice the price decisions for the company to attain its objectives?

Reference no: EM131017572

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