Discuss relatively inelastic demand curve
Problem: Many economists are convinced that fuel has a relatively inelastic demand curve, provide a discussion that substantiates their point of view. Do you agree with this view? Why or why not?
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Many economists are convinced that fuel has a relatively inelastic demand curve, provide a discussion that substantiates their point of view.
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Industries are important for the economy; industries such as textiles and clothing have shifted manufacturing abroad. This could be due to many reasons.
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