You are managing your several Airbnb units and want to make some
pricing adjustments. You find...
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Economics
You are managing your several Airbnb units and want to make some
pricing adjustments. You find that during the summer months, the
own-price elasticity of demand is -2.3 and during the winter
months, the own-price elasticity of demand is -0.7. Based on this
information, you should generally Group of answer choices increase
price in the summer months and increase price in the winter months
decrease price in the summer months and increase price in the
winter months increase price in the summer months and decrease
price in the winter months decrease price in the summer months and
decrease price in the winter month
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