lectur17-page29

lectur17-page29 - b. Longer adjustment period. c. Good is a...

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29 Determinants of Demand Elasticity Relatively elastic demand : a. Many close substitutes.
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Unformatted text preview: b. Longer adjustment period. c. Good is a large proportion of budget....
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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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