A marketing executive once said, If the price elasticity of demand for your product is inelastic, then

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A marketing executive once said, “If the price elasticity of demand for your product is inelastic, then your price is probably too low.” What is this executive saying in terms of the economic principles discussed in chapter 13/14?

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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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Posted Date: Aug 28, 2018 12:29 AM

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A marketing executive once said, If the price elasticity of demand for your product is inelastic, then

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Microeconomics

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