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Economics, Microeconomics
Year 1
MIcro Economics
Can someone please explain(please provide an explanation and not just elastics or not elastic as i need to understand why they are so) me whether the following goods or services are price elastic or inelastic in both the short run and long run.
a. Gasoline
b. Texaco gasoline
c. Salt
d. Large screen TV
e. Cosmetic surgery
f. Lasik eye surgery
g. A product or service from your organization
By OTA: Giovanni Chin-A-Sen, MBA
OTA Rating: 4.9/5
Your Price: $2.19 (original value ~$11.97)
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