Question

What are some uses of elasticity?

Answer 1

Answer:

Use # 1. Wage Bargaining:

Use # 2. Bumper Crops:

Use # 3. Automation:

Use # 4. Airline Deregulation:

Use # 5. Pricing Policy:

Use # 6. Excise Duty:

Use # 7. Optimal Tax on Petroleum:

Use # 8. Minimum Wage:

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