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Microsoft Does your company have a more inelastic or elastic good? As in, if you increase or decrease your prices, will your sales change much?

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Does your company have a more inelastic or elastic good?

As in, if you increase or decrease your prices, will your sales change much?

Please use the determinants of price elasticity of demand to discuss your reasoning.

What do findings mean for how your company prices its product or service?

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