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The price elasticity of demand for one video game by EZ-Game is 2

Economics

The price elasticity of demand for one video game by EZ-Game is 2.5 at the current price of $30 and with 100,000 online subscribers. Now suppose the company tries to lower the price to $27 (three dollars lower). Tip: the elasticity should be a negative number.

a. How many new subscribers would purchase the game?

b. How much their revenue of the game would change?

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