question archive Using the article, "Netflix is Raising Prices", explain Netflix pricing strategy in the past using the elasticity concept

Using the article, "Netflix is Raising Prices", explain Netflix pricing strategy in the past using the elasticity concept

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Using the article, "Netflix is Raising Prices", explain Netflix pricing strategy in the past using the elasticity concept. How has the elasticity of Netflix customers changed since the company started? Would the Netflix customers be willing to pay a higher price?

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