Business, 19.09.2021 22:10 jeffhuffle17
Assume that the price elasticity of demand for the premium version of NBCUniversal's streaming service Peacock is estimated to be 1.60. Should NBCUniversal increase or decrease the $4.99/month price to increase total revenues? Briefly explain why the price elasticity of demand for the premium version of Peacock would be expected to be elastic.
Answers: 3
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Assume that the price elasticity of demand for the premium version of NBCUniversal's streaming servi...
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