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Malakai Nicholson 45 965181 Post 1 Disney has set an extra price on top of Disnev+ subscription fee to stream Mulan. This can be done

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Malakai Nicholson 45 965181 Post 1 Disney has set an extra price on top of Disnev+ subscription fee to stream Mulan. This can be done as the demand to watch Mulan is a differentiated experience as it can't be seen anywhere else. This price elasticity of demand indicates how an increase in quality like the new movie Mulan in reaction to changes in price like the $35 to watch it. This is separated into elastic and inelastic. Determined from the equation price elasticity = IStylehange in quality; ISit-change in price. If it is above 1 it is elastic, below'l it is inelastic. I believe the price elasticity for Mulan would be inelastic as the demand wouldn't be as great as the $35 price increase. This demand will decrease because of illegal movie piracy and expensive price. You can re-watch and multiple people can watch but you still have to pay the subscription fee. 53 words

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