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Price Elastic Products

This paper explains when it would be beneficial to own a business that sells price elastic products.
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Citations 4
Citation Style APA
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Pages 2
Price: $8.00
From the Paper
Price Elastic Products Price elastic products are products whose price can fluctuate up ordown I would want to own a business that sells price elastic products ina market where either of two situations prevailed-an imminent rise inprices or an imminent decline in prices For example if DVDs were aboutto become obsolete I would want to own a DVD company that could lower thepricing to sell out my remaining inventory On the other hand if thefailure of some other technology meant that DVD

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