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Economic Questions and the Concept of Elasticity
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This 6 page
report discusses six separate issues related to economics and
price and demand elasticity. Issues affecting the relationship
between prices and advertising are considered. A comparison of
French and Australian wines and the equilibrium price of French
wines and how it relates to a poor harvest are discussed.
Opportunity costs, the indifference curve, the relationship
between price elasticity of demand at the local movie theater,
and the demand for oil in the face of increased oil prices are
briefly discussed. No sources listed.
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Pages:
6
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Filename:D0_BWecoela.wps |
Paper Title:
Economic Questions and the Concept of Elasticity
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