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What principle is your company taking advantage of and how does it work to your company’s benefit? How else could you maximize the benefits oft his principle to increase profits?

You run a passenger rail transportation company. You realize there is a large range of prices you can set for tickets depending on a variety of factors, including when passengers buy their tickets, whether they choose to purchase a meal, when they travel, and so forth. What principle is your company taking advantage of and how does it work to your company’s benefit? How else could you maximize the benefits oft his principle to increase profits?

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