Economics Questions on Price, Supply and Demand and Elasticity

Number of Pages 6

The writer answers three question, the first looks at what occurs when there is increased demand for a good, the impact that this my have on substitute goods and the supply of substitute goods and how elasticity can be used to assess the impact on the demand and revenues produced by the sales. Three sources are cited in the bibliography of this six page paper.


File: TS14_TEcornqu.rtf


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