Within this strategy, i measure the suppleness out-of consult of the tracing the behavior out-of the complete cost of a customer
Within this strategy, i measure the suppleness out-of consult of the tracing the behavior out-of the complete cost of a customer Rates elasticity off request are a monetary way of measuring the change on the wide variety required otherwise ordered out of something in the family so you’re able to the price change. Shown mathematically,
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