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Elasticities 1. price elasticity of demand (Chapter 6, 7th edition) Law of Demand A business firm does not care whether more demand comes from James Bond or from the First Lady unless they are trendsetters. The firms are concerned with the market ...
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Economics 100 Lecture 8' Elasticity II Elasticity Elastic and inelastic demand Elasticity, revenue, and expenditure Other elasticities of demand. - ppt download
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