Prüfung
NYU-Competitive Analysis-Midterm practice solutions.
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- Hochschule
1. Webflicks. When Webflicks increased monthly subscription fees from $15 to $17, 16% of its subscribers switched to alternative providers. (a) Provide an estimate of Webflicks demand elasticity. Answer: Using the percent variation method, we get ≈ −16% 17−15 15 = −1.2 Alternativ...
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