Difference between revisions of "Economic price optimization"
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(Created page with "'''Economic price optimization''' is a method of finding the theoretically-optimal price for a product from the known price, quantity sold, and elasticity of demand near that ...") |
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Latest revision as of 19:15, 9 January 2013
Economic price optimization is a method of finding the theoretically-optimal price for a product from the known price, quantity sold, and elasticity of demand near that price and quantity sold. This approach is not recommended for most pricing problems.