Question
Which business is likely to face a more elastic demand curve: a gas station or a Ford Dealership? Assume, for the sake of the question,
Which business is likely to face a more elastic demand curve: a gas station or a Ford Dealership? Assume, for the sake of the question, that the gas station sells only gas and the Ford Dealership sells only new cars.
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Issues in Economics Today
Authors: Robert C. Guell
8th edition
1259746399, 1259746390, 978-1259746390
