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Standard: Shuyun Tea: should it match a rival's CNY 9.9 price?
The prompt
Shuyun Tea runs 300 tea drink shops in Sichuan, in western China. A large rival has started selling many drinks at CNY 9.9, and Shuyun now sells 10 percent fewer cups. Should Shuyun cut its prices to match?
Your interviewer will share data as you ask for it. Ask clarifying questions, state a hypothesis, then lay out your structure out loud before you calculate.
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