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Unread 29-01-2008, 16:30   #18
ACustomer
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Join Date: Jan 2006
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OK, I agree that you should allow price to reflect demand. However if you observe that trains up from Limerick are full, and that fares are relatively low, maybe the trains are full because the fares are low. While pricing might respond to demand, the quantity of seats demanded responds to price.
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