Explain why price elasticities are usually negative numbers. Would a price elasticity calculated from a price decrease

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Explain why price elasticities are usually negative numbers. Would a price elasticity calculated from a price decrease be more likely to be a negative number than a price elasticity calculated from a price increase? Explain.

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Pricing Strategies A Marketing approach

ISBN: 978-1412964746

1st edition

Authors: Robert M. Schindler

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Question Posted: Feb 04, 2016 06:22 AM

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Explain why price elasticities are usually negative numbers. Would a price elasticity calculated from a price decrease

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