Question: 15. How does the difference in short- and long-run effects of an increase in demand depend on the difference between short- and long-run price elasticities?

15. How does the difference in short- and long-run effects of an increase in demand depend on the difference between short- and long-run price elasticities?

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How does the difference in short- and long-run effects of an increase in demand depend on the difference between short- and long-run price elasticities?

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