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Title: Redbox rents DVDs for $1 per day via self-service kiosks located across the Unit Post by: Lauren1 on Nov 11, 2014 Redbox rents DVDs for $1 per day via self-service kiosks located across the United States. The CFO of Redbox wants to identify how responsive consumers are to an increase or decrease in the daily price of a rental. The economic concept the CFO wants to understand is
A) price elasticity of demand. B) elasticity of supply. C) changes in demand. D) changes in supply. Title: Re: Redbox rents DVDs for $1 per day via self-service kiosks located across the Unit Post by: MrDereche on Nov 14, 2014 Content hidden
Title: Re: Redbox rents DVDs for $1 per day via self-service kiosks located across the Unit Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: Redbox rents DVDs for $1 per day via self-service kiosks located across the Unit Post by: MrDereche on Nov 17, 2014 You're welcome!
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