Explain what is meant by elastic demand vs inelastic demand. if possible, give an example of each

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Explain what is meant by elastic demand vs inelastic demand. if possible, give an example of each and explain why the demand for that good is elastic or inelastic

Posted Date: Jun 26, 2024 06:22 AM

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Explain what is meant by elastic demand vs inelastic demand. if possible, give an example of each

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