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6. price controls? 6. The text gives a good example of a company (Netflix) misjudging the market and the elasticities of demand for its services.

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6.

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price controls? 6. The text gives a good example of a company (Netflix) misjudging the market and the elasticities of demand for its services. What factors did the Netflix management fail to take into account? 7. What would be the impacts of a $2.00 per gallon increase of the tax on gasoline? What factors must be considered when determining these impacts

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