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Question 4: Xbox One X Product: Microsoft Xbox One X 1TB Console Suggested selling price: $389.90 Sales in 2018: 29.4 million units Variable cost per
Question 4: Xbox One X
Product: Microsoft Xbox One X 1TB Console
Suggested selling price: $389.90
Sales in 2018: 29.4 million units
Variable cost per unit: $116
Fixed cost per unit: $50
Price elasticity for high-end gaming console: 2.6
Question 4.1: Please find the linear demand curve based on the given information. (10 pts)
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