Ghose and han 2014 found that the elasticity of demand for, Ask an Expert

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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 22?%, what would be the effect on quantity? demanded?

Would the quantity demanded increase or decrease? And by what %?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91998471

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