Question: How would the analysis in Solved Problem 12.3 change if (m=7) or if (m=4) ? Data From Solved Problem 12.3:- What U.S. and U.K.

How would the analysis in Solved Problem 12.3 change if $m=7$ or if $m=4$ ?

Data From Solved Problem 12.3:-

What U.S. and U.K. elasticities did Warner Brothers believe it faced for its Harry Potter and the Deathly Hallows, Part 2 DVD? Check that these elasticities are consistent with the observed price ratio, $p_{A} / p_{B}$.

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