Question
Can you think of an example of a market that has a highly elastic demand? What is the general direction of price changes in this
Can you think of an example of a market that has a highly elastic demand?
What is the general direction of price changes in this market?
Does it make sense, based on what you know now about elasticity?
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International Business
Authors: Alan M. Rugman, Simon Collinson
6th edition
273760971, 978-0273760979
