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Business, 17.06.2020 17:57 danyelleearly12

Ghose and Han (2014) found that the elasticity of demand for Google Play apps is negative 3.7. This elasticity applies to a small college town where approximately 1,000 apps per month are sold. If price rises by 9%, what would be the effect on quantity demanded? The quantity demanded will â–¼ increase decrease by nothing percent. (Enter your response rounded to one decimal place.)

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