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Anonymous
timer Asked: Nov 16th, 2016

Question description

Predicting Price-Setting Strategies" Please respond to the

following:

  • From the scenario for Katrina’s Candies, determine the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Examine the common price setting strategies of airlines that use game theory. Predict the potential effects of such pricing strategies on the demand for seats, and conclude the resulting impact on the profitability of the airlines.

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