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Price elasticity of supply for the airline industry
Find out more about the airline industry. I know since 9/11 and the war the airline industry has been affected by gas prices and security threats, etc. In the airline industry, there have been shifts in price elasticity of supply and demand. Is the price considered elasticity or inelastic? What is the price elasticity of supply for the airline industry?
Very important information regarding calculating the income elasticity of demand
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