Is America Ready To Spend More Than One Dollar For That New Flo Rida Song? [Elasticity]

We'll find out on April 7, when Apple's digital-music store iTunes starts selling select tracks—read: tracks that have already proven to be worthy of peoples' money, like the unkillable Flo Rida/Dr. Luke collaboration "Right Round"—for a buck twenty-nine. Sure, other songs that reside on the deep end of the Long Tail will have their prices slashed, but most of the attention on iTunes' introduction of variable pricing is focusing on the songs that will get more expensive, because those are th...

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