During the first few weeks of the COVID-19 pandemic in March 2020, the demand for baking flour
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During the first few weeks of the COVID-19 pandemic in March 2020, the demand for baking flour increased sharply as millions of people isolated in their homes. The price of flour skyrocketed, but within a few months the price had returned to normal levels. What does this event tell you about the supply elasticity of flour?
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The sharp increase in demand for flour caused by the increase ...View the full answer
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Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
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