Nice bit of analysis from Joshua Gans [estimating the price elasticity of iPhone demand](http://www.economics.com.au/?p=599). Short version: They could be making a lot more money…
How much should an iPhone cost?
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Nice bit of analysis from Joshua Gans [estimating the price elasticity of iPhone demand](http://www.economics.com.au/?p=599). Short version: They could be making a lot more money…
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Tags: