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Business, 22.02.2021 19:00 anrs14

Label the scenarios as examples of elastic, inelastic, or unit elastic demand. a. When Ruko, a device used to stream movies at home, increases prices by 48 %, total revenue decreases by 59 %.
b. When Cinema Supreme decreases ticket prices by 12 %, total revenue does not change.
c. When Bluebox, a DVD rental kiosk, increases its prices by 52 %, total revenue increases by 34 %.

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Label the scenarios as examples of elastic, inelastic, or unit elastic demand. a. When Ruko, a devi...
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