Elasticity, Microeconomics

Type of total outlay
Posted Date: 5/19/2012 2:58:04 AM | Location : United States







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#questAbout four years ago, Kanye West performed at the UIC Pavilion. General admission tickets were priced at $30. Concert promoters say that price elasticity of demand for genera


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Determinants of the price elasticity of demand are explained below: 1. Number of close substitutes present within the market - The more and closer substitutes available in the