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Elasticity of Demand
This is a measure of how responsive the sales volume of goods is to changes in that product's price, equal to the marginal change in sales, divided by the marginal change in price.
"price makers" never want to produce in the inelastic part of their demand curve why
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if sabela can afford 4 trousers and 4 pairs of shoes.she could also use her entire budget to buy 8 trousers and 2 pairs of shoes.if the price of a trouser is 500 birr,how much is s
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