lectur14-page57 - or the more elastic it becomes. The more...

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57 It makes a difference! Demand for gas will be different for different time periods The longer the time period considered, the flatter the demand curve becomes;
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Unformatted text preview: or the more elastic it becomes. The more responsive demand becomes to changes in price!...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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