ECON 100 University of California Irvine ECON Small Discussion 4


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




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