You should adjust your price to -------- due to the new


Suppose that a new entry has decreased your demand elasticity from -5 to -6 (made demand more elastic) and that your price, before the new entry, was $20.

You should adjust your price to -------- due to the new entry and decreased demand elasticity.

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Basic Computer Science: You should adjust your price to -------- due to the new
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Now Priced at $10 (50% Discount)

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