In 2013 there is a significant increase in music downloads. This increase is expected to continue to rise; therefore, World of Music slashed the average price of a CD from 26$ to 16$. The company expected the price cut to boost the quantity of CDs sold by 40 percent, other things remaining the same What was World of Musics estimate of the price elasticity if demand for CDs? If you were making the pricing decision at World of Music , what would be your pricing decision