In the News
Cross Price Elasticity of Demand - Music Streaming Hits Album Sales
Geoff Riley
14th January 2016
The growing popularity of relatively low-priced music streaming from services such as Apple Music and Spotify is coming at the expense of other market segments. This is a good example of cross price elasticity of demand in action.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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