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Presume that technologies are willing to pay $400 now for the latest iPhone but only $300 if they have a year. Normal people are willing to pay $250 as well as their desire to purchase does not 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 as well as that the Marginal Cost of the iPhone is $100.

Business Management, Management Studies

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