Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter5: Price Elasticity Of Demand And Supply
Section: Chapter Questions
Problem 4SQ
Related questions
Question
Assume that in the short run the demand for airplane tickets are inelastic and in the long run the demand is elastic, then a price:
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