Explain the relationship between the availability of substitutes and the elasticity of demand for a good.

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Law and economics

ISBN: 978-0132540650

6th Edition

Authors: Robert cooter, Thomas ulen

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Question Posted: Aug 10, 2012 03:37 AM

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Explain the relationship between the availability of substitutes and the elasticity of demand for a good.

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The elasticity of demand measures the percentage change in the quantity ...View the full answer

Law and economics

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