ECON 100 University of California Irvine ECON Small Discussion 4

Description

Here is the Descussion 4:Demand is more price elastic in the long run than in the short run, Why? Please discuss the kinds of adjustments that consumers can make over time if the price of a product (such as gasoline, electricity, rent, or beef) rises sharply.Please also reply to two other posts and EXPLAIN WHY you agree or disagree.

Explanation & Answer:
150 words

Tags:
electricity

consumers

gasoline

User generated content is uploaded by users for the purposes of learning and should be used following FENTYESSAYS.COM ESSAY’s honor code & terms of service.