If the revenue dropped 10 percent, the product has unitary elasticity, meaning demand drops by the same percentage as the price increases. However, if demand does not fall when you raise the price ...

Of the $0.99 songs, 32 rose up the chart, 12 dropped and nine stayed even (see blue bars above). The 32 songs that had remained at $1.29 for all three days had lost an average of 3.3 chart positions.

The graph below shows the total number of publications each year in Public Economics - Taxation and Revenue. References [1] The elasticity of taxable income in the presence of deduction ...