Which of the following would most likely make demand price
Which of the following would most likely make demand price elastic?
a. a short time period in which to decide upon product choices
b. many substitutes
c. the good in question is a small component of the customer’s personal budget
d. all of the above
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assume the market for freshly caught ocean fish is in equilibrium next assume that market price and nothing else
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for any theoretical linear demand curvea demand is more price elastic at higher pricesb demand become less price
which of the following would most likely make demand price elastica a short time period in which to decide upon product
the fundamental forces of market self regulation area economic stimulus programs and government interventionb interest
assume that you have been invited to advise the federal reserve chairman about the direction of us monetary policy for
given a downward sloping demand curve an increase in price is shown graphically asa a movement along a stable curveb a
please also respond to the following classmates initial posts and bring together pieces of the discussion and take
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