Why are the concepts of own and cross-price elasticities of demand essential to competitor identification and market

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Why are the concepts of own and cross-price elasticities of demand essential to competitor identification and market definition?

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Economics Of Strategy

ISBN: 9781118273630

6th Edition

Authors: David Besanko, David Dranove, Scott Schaefer, Mark Shanley

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Question Posted: Oct 11, 2024 09:00 AM

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Why are the concepts of own and cross-price elasticities of demand essential to competitor identification and market definition?
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Why are the concepts of own and cross-price elasticities of demand essential to competitor identification and market

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Economics Of Strategy

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