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Harry customizes trail bikes, and no two of his bikes are alike. He notices that very fe customers even ask the price before they decide
Harry customizes trail bikes, and no two of his bikes are alike. He notices that very fe customers even ask the price before they decide to purchase a bike from him. Demal Harry's trail bikes is probably
price sensitive
price elastic.
price inelastic.
income elastic.
crossprice elastic.
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Econometric Analysis
Authors: William H. Greene
8th Edition
978-0134461366, 0134461363
