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Business, 20.02.2020 22:16 rigobertogarza2

Ghose and Han (2014) found that the elasticity of demand for Google Play apps is negative 3.7 βˆ’3.7. This elasticity applies to a small college town where approximately 1,000 apps per month are sold. If price rises by 8 8%, what would be the effect on quantity demanded?

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Ghose and Han (2014) found that the elasticity of demand for Google Play apps is negative 3.7 βˆ’3.7....
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