Presume that technophiles are willing to pay

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Presume that technophiles are willing to pay $400 now for the latest iPhone however only $300 if they have to wait a year. Normal people are eager to pay $250 and their desire to purchase doesn't vary with time. Ignore the time value of money as well as compute the optimal pricing scheme of the iPhone. Presume that there are equal numbers of each customer type and threat the MC of the iPhone is $100

Reference no: EM1379485

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