If charter prices increased by 10% and demand decreased by 4%, demand is considered unitary/elastic/inelastic. Select one
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If charter prices increased by 10% and demand decreased by 4%, demand is considered unitary/elastic/inelastic.
Select one of the three degrees of elasticity and explain why the market reacted to the change in price in that relationship.
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Related Book For 
General Aviation Marketing And Management
ISBN: 9780894648847
1st Edition
Authors: Bruce D. Wells, Alexander T.; Chadbourne
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