Question
Why did the wine price go up; what determinant of demand or supply was involved? Why did it come down later? Why was supply inflexible
Why did the wine price go up; what determinant of demand or supply was involved? Why did it come down later? Why was supply inflexible in the short run, but not in the long run?
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i Wine prices go up because demand was high and supply was low ...
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
