This is a research paper for my managerial economics class. The topic is elasticity of price. The professor wants us to have an example of a product from Microsoft where the price is elastic. It can be compared to products sold by it’s competitors. The essay must be in APA format with at least 5 sources. The argument made must be supported by expert opinions and not personal opinion. He does not want a definition of price elasticity. The only product I can think of is the xbox 360, but if that doesn’t work that’s fine.
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