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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Revision as of 15:33, April 4, 2007
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.