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A travel company has hired a management consulting

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A travel company has hired a management consulting firm to analyze demand in 26 regional markets for one of its major products: a bus tour to Dollywood. The consultant uses data to estimate the follwing eq: Q= 1,500-4p+5A+10I+3Px.;A (advertising exp)= 20,000 (20),I (per cap income) = 15,000 (15), Px ($of similar tour by competition)= 500.;Calculate the demand curve for this tour using the data in the equation above?

 

Paper#31685 | Written in 18-Jul-2015

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