Price Elastic Products Term Paper by ResearchRiter

Price Elastic Products
The writer explains when he would wish to own a business that sells price elastic products.
# 127127 | 500 words | 4 sources | APA | 2008 | US
Published on Dec 01, 2008 in Economics (General)


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Description:

This paper explains when it would be beneficial to own a business that sells price elastic products.

From the Paper:

"Price elastic products are products whose price can fluctuate up or down. I would want to own a business that sells price elastic products in a market where either of two situations prevailed-an imminent rise in prices or an imminent decline in prices. For example, if DVDs were about to become obsolete, I would want to own a DVD company that could lower the pricing to sell out my remaining inventory. On the other hand, if the failure of some other technology meant that DVD..."

Cite this Term Paper:

APA Format

Price Elastic Products (2008, December 01) Retrieved August 08, 2022, from https://www.academon.com/term-paper/price-elastic-products-127127/

MLA Format

"Price Elastic Products" 01 December 2008. Web. 08 August. 2022. <https://www.academon.com/term-paper/price-elastic-products-127127/>

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