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| − | '''Elastic Demand''' is high [[elasticity]]. The percent change in quantity over the percent change in price is a number greater than one. Raising the price of an elastic good causes a large drop in demand.
| + | SUCKS |
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| − | == See Also ==
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| − | [[Inelastic Demand]]
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| − | [[Price Elasticity of Demand]]
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| − | [[Category:Economics]]
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