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Economics Assignments

Friday, October 06, 2006. The demand for some goods is inelastic, while the demand for other goods is elastic. There exists four major factors that affect the elasticity of demand. Number of Substitutes the more substitutes a good has the easier it is for consumers to switch to another product if the price goes up. Percentage of Income Spent the lower the proportion of income spent, the more inelastic the good will tend to be. A box of matches. Computers - home users. Computers - business users. As we .

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Economics Course Information

Friday, October 06, 2006. Moneyskill Income Assignment 2 and 3 must be completed by Friday. Demand Elasticity assignment will be due Thursday. Demand Elasticity assignment will be due Thursday.

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Economics Assignments

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Friday, October 06, 2006. The demand for some goods is inelastic, while the demand for other goods is elastic. There exists four major factors that affect the elasticity of demand. Number of Substitutes the more substitutes a good has the easier it is for consumers to switch to another product if the price goes up. Percentage of Income Spent the lower the proportion of income spent, the more inelastic the good will tend to be. A box of matches. Computers - home users. Computers - business users. As we .

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This web page ecoassignments.blogspot.com states the following, "Friday, October 06, 2006." We saw that the webpage said " The demand for some goods is inelastic, while the demand for other goods is elastic." It also said " There exists four major factors that affect the elasticity of demand. Number of Substitutes the more substitutes a good has the easier it is for consumers to switch to another product if the price goes up. Percentage of Income Spent the lower the proportion of income spent, the more inelastic the good will tend to be."

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