Why pepsis strategy of price reduction in 1930s was the

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Reference no: EM13395263

Why Pepsi's strategy of price reduction in 1930's was a right strategy while Wang Lab's decision to raise price in 1990's was not. Incorporate elasticity concept in the case of Pepsi's price reduction strategy and shape of cost curves in the case of Wang Lab's price increase.

Reference no: EM13395263

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