Why is the price elasticity of demand lower in the short run than in the long run?

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Principles Of Macroeconomics

ISBN: 9781453334980

9th Edition

Authors: John B. Taylor, Akila Weerapana

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Question Posted: Oct 19, 2024 06:02 AM

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Why is the price elasticity of demand lower in the short run than in the long run?
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Why is the price elasticity of demand lower in the short run than in the long run?

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Principles Of Macroeconomics

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