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Assume that the demand curves for the games is linear. A) Calculate the own point price elasticities of demand for video games implied by the

Assume that the demand curves for the games is linear. A) Calculate the own point price elasticities of demand for video games implied by the data at prices of $299 and $399 for both Sony and $399 for both Sony and Microsoft and B). Did Sony and Microsoft make the correct of cutting the price of their game from $399 to $299?

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