econ notes 2 - constant all other influences on buyers)...

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Along straight line D curve slope constant but elasticity is not Own price elasticity of D: response of Qd to price along existing D curve (holding
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Unformatted text preview: constant all other influences on buyers) Elasticity increases as we move up to the left on the straight D curve...
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This note was uploaded on 04/02/2012 for the course ECO 201 taught by Professor Ballard during the Fall '11 term at Michigan State University.

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