Social Studies, 06.07.2020 14:01 mayapril813
In the computer market Lenovo estimate that price elasticity of it's super lite computer -12.64 and the cross price elasticity of demand is 7.35 .The company now reduce price of this model by 9% of its present price level , explain with example what would happen to A. The sale of Lenovo super lite computer if it's close competitor Samsung also reduce it's price by 11%
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