Effects of price elasticity of demand
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How does the price elasticity of demand affect a firm's pricing decisions?
© BrainMass Inc. brainmass.com May 24, 2023, 1:25 pm ad1c9bdddfhttps://brainmass.com/economics/demand-supply/effects-of-price-elasticity-of-demand-20707
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Products that have few good substitutes generally have a lower elasticity of demand than products with many substitutes. As a result, ...
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