Business, 26.02.2020 20:39 KassandraVillegas

The electric company in a city increased its prices by 15% five years ago. Over time more people have purchased efficient appliances or switched to gas, and the demand of electricity in the long run has become more . Also in the long run the equilibrium quantity demanded has .a. elastic; incresedb. inelastic; deacresedc. elastic; deacresed

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The electric company in a city increased its prices by 15% five years ago. Over time more people hav...