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more price elastic - University at Albany, SUNY

more price elastic - University at Albany, SUNY

www.albany.edu

- If the price elasticity of demand is greater than 1, a rise in price causes an decrease in revenue for the seller.-If the price elasticity of demand is lower than 1, a rise in price causes an

  More, University, Demand, Recip, Elastic, Elasticity, Albany, Price elasticity of demand, Suny, University at albany, More price elastic

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