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Suppose the Society for American Baseball Research (SABR) is offering a 60-percent discount on annual memberships to students. Suppose further that non-students have a price
Suppose the Society for American Baseball Research (SABR) is offering a 60-percent discount on annual memberships to students. Suppose further that non-students have a price elasticity of demand of 1.74 for these memberships. For this pricing scheme to benefit SABR, the price elasticity of demand of students for annual memberships must be _____, everything else held constant
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
1st edition
978-0137036059, 133379094, 321566440, 137036051, 9780133379099, 978-0321566447
