Business, 23.07.2021 08:00 batmanmarie2004
How does the price range affect the elasticity of demand for a product?
Demand for all goods is elastic if the price is low enough.
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.
Answers: 3
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How does the price range affect the elasticity of demand for a product?
Demand for all goods is ela...
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