Difference between revisions of "Elastic good"
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(New page: An Elastic Good is a good for which has Elastic Demand. If the price of an elastic good is raised, it causes a significant drop in demand. Category:Economics) |
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| − | An Elastic Good is a good | + | An Elastic Good is a good that has [[Elastic Demand]]. If the price of an elastic good is raised, it causes a significant drop in demand. |
[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 21:52, April 28, 2007
An Elastic Good is a good that has Elastic Demand. If the price of an elastic good is raised, it causes a significant drop in demand.