|
|
 |
|
|
Gas Price Elasticity
|
|
|
|
|
|
|
|
|
|
The following document can be e-mailed to you TODAY! |
|
Economic Theories research papers
|
|
|
|
|
|
 |
|
[
send me this term paper
] |
|
A 5 page paper discussing gas price elasticity in light of the
record-breaking prices of the summer of 2000. A product of high elasticity is one that
exhibits significant response to the laws of supply and demand. Unfortunately, gasoline is
not one of those products. Consumers may change travel plans when prices exceed $1.50 a
gallon, but gas is seen as a necessity for everything but vacation. Although alternatives are
slowly becoming available, few exist in 2000. In addition, gas purchases account for only a
small fraction of available income. If any or all of these conditions were different, then gas
would be a more elastic product. For the present, it remains a product of low price
elasticity of demand. Bibliography lists 7 sources.
|
|
Pages:
5
|
|
Filename:CC6_KSgasPrice.wps |
|
Paper Title:
Gas Price Elasticity
|
|
Is this paper the one?
Click Here to Order It Now
Not sure if this paper is right for you, return back to Economic Theories Paper Search
|
|
|
If you still can't locate an Essay or Term Paper on your topic,
one of our professional writers can assist you with a Brand New
model Term Paper or Essay written specifically on your topic
as quickly as TODAY! |
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|