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following questions and submit them yia 'Assignments' in Sakai. 1. Use the information in the case to estimate the ownprice elasticity of demand for Netflix

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following questions and submit them yia 'Assignments' in Sakai. 1. Use the information in the case to estimate the ownprice elasticity of demand for Netflix subscription services. HINT: Use Monthly Revenue per Paid Member as your price. 2. What are your concerns with our elasticity estimates? 3. What could make this analysis better? 4. What do we expect to happen to Netflix's reyenue due to the price increase? 5. What do we expect to happen to Netflix's prot due to the price increase? 5. Given this analysis, why did Netflix stock get hammered after releasing results

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