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Determining Demand for Two Products
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Economic Theories research papers
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This 4 page paper considers how demand may be determined for two products. A student may purchase video tapes or DVD's, the DVD will always be a higher price than the tapes. The paper shows how the demand lines may be drawn and looks at that will influence the demand, such as supply, level of disposable income and the elasticity created by the perception of the different goods and the level of potential substitution. The paper includes one graph.
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Pages:
4
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Filename:TS14_TEdvdsup.rtf |
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Paper Title:
Determining Demand for Two Products
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