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Unformatted text preview: Elastic products say On Sale more! Many firms have sales just to show they have low priced goods on goods that no one buys Price Change: Cheaper: Inelastic (TR up) Elastic (TR down) More Expensive: Inelastic (TR down) Elastic (TR up)...
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This note was uploaded on 12/03/2007 for the course AEM 2400 taught by Professor Mclaughlin,e. during the Fall '07 term at Cornell University (Engineering School).
- Fall '07