Price Elastic
回答 (1)
2010-02-03 5:03 am
✔ 最佳答案
Ease of substitute - the easier to find substitutes, the higher the elasticity. Extend of Addiction - the easier of addiction to that product, the lower the elasticity. Percentage of that good's expenditure on total income - the lower % of the expenditure on that good, the lower the elasticity.
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