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Concepts of own and cross-price elasticities

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Reference no: EM131220159

Managerial Economics

Why are the concepts of own and cross-price elasticities of demand essential to competitor identification and market definition for companies in the food industry?

Reference no: EM131220159

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Concepts of own and cross-price elasticities : Why are the concepts of own and cross-price elasticities of demand essential to competitor identification and market definition for companies in the food industry?
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