maddieeelllis3895 maddieeelllis3895

23-02-2019
Business

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an (elastic/inelastic)product has a flatter demand curve

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Tacoglitter Tacoglitter

23-02-2019

Inelastic should have the flatter demand curve because people are willing to spend as much as possible for the product (for example water).

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robert7248 robert7248

25-02-2019

An inelastic because if you change the price people will typically still buy it. An example of this is cigarettes.

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