Question: 1. Utilizing the details provided in the case, can you compute the own-price elasticity of demand for Redbox subscription services? Elaborate on your approach. 2.

1. Utilizing the details provided in the case, can you compute the own-price elasticity of demand for Redbox subscription services? Elaborate on your approach. 2. Mention any reservations you may have about the analysis and suggest improvements to enhance its accuracy. 3. What do you expect to happen to Redbox's revenue due to the price increase? 4. What do you expect to happen to Redbox's profit due to the price increase? 5. Considering this analysis, why do you think Redbox's stock faced a significant decline following the release of its results

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Utilizing the details provided in the case, can you compute the own-price elasticity of demand for Redbox subscription services? Elaborate on your approach

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