​​​ DQ1: How might managers use the concepts of price elasticity of demand, income elasticity of demand and cross price elasticity of demand. (Here the managers are middle management of an organization. They are neither Owners / Share holders nor stake holders). Word limit: 1000 Submission by: 10pm 11-Jul-2015 DQ2: "The pricing decision of an oligopolistic firm is far more complex than for a firm operating under any other market structure". Explain why this is so and discuss how an oligopolistic firm may proceed in resolving this complexity. Word limit: 1000 Submission by: 10pm 11-Jul-2015