Why company is producing has elastic or inelastic demand

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Suppose you are the marketing manager of a company. Why you would be interested to know whether the good that your company is producing has an elastic or inelastic demand curve in the market ? Discuss

Reference no: EM13241892

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Why company is producing has elastic or inelastic demand : Suppose you are the marketing manager of a company. Why you would be interested to know whether the good that your company is producing has an elastic or inelastic demand curve in the market
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