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Other Fields Homework Help Business Topic started by: Lauren1 on Nov 11, 2014



Title: Netflix is the largest online DVD rental service offering flat rate online strea
Post by: Lauren1 on Nov 11, 2014
Netflix is the largest online DVD rental service offering flat rate online streaming to customers in the United States. Currently, there are approximately 8 million subscribers. Suppose Netflix decreases its flat rate rental by 10 percent and an additional 1 million people subscribe. This information means that Netflix's demand is
A) elastic.
B) inelastic.
C) unit elastic.
D) perfectly elastic.


Title: Re: Netflix is the largest online DVD rental service offering flat rate online strea
Post by: MrDereche on Nov 14, 2014
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Title: Re: Netflix is the largest online DVD rental service offering flat rate online strea
Post by: Lauren1 on Nov 17, 2014
Thank you, this really, really helps :heart:


Title: Re: Netflix is the largest online DVD rental service offering flat rate online strea
Post by: MrDereche on Nov 17, 2014
You're welcome!