Provide an example of a factor that would make a long-term price elasticity higher than a short-term

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Provide an example of a factor that would make a long-term price elasticity higher than a short-term one. Then describe a factor that would make a long-term price elasticity lower than a short-term one.

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Pricing Strategies A Marketing approach

ISBN: 978-1412964746

1st edition

Authors: Robert M. Schindler

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Question Posted: Feb 04, 2016 06:33 AM

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Provide an example of a factor that would make a long-term price elasticity higher than a short-term

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