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Business, 24.06.2019 16:30 dondre54

How does the price range affect the elasticity of demand for a product? price range has little or no effect on elasticity of demand for a good. demand for a good can be inelastic at a low price, but elastic at a high price. demand for a good can be elastic at a low price but inelastic at a high price. demand for all goods is elastic if the price is low enough.

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