You raise your product price by $10 in market A but leave it unchanged in market B.
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Question:
You raise your product price by $10 in market A but leave it unchanged in market B. Sales in A fall from 840 to 740 units per week while sales in B rise from 770 to 790 units. The Difference-in-difference estimate of the effect of the price change is:
a) 140 units
b) 100 units
c) 80 units
d) 120 units
Expert Answer:
The correct option is d 120 units Explanation By considering your product price by ... View the full answer
Related Book For 
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
Posted Date:
