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Episode 16: Elasticity of Demand

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Uploaded on Jul 18, 2009

We know that consumers will react to price changes, but how MUCH will they react? Knowing this is important to business owners and policymakers.

"Episode 16: Elasticity of Demand" by Dr. Mary J. McGlasson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

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