Economics Elasticity 0.0 / 5 ? EconomicsElasticityASOCR Created by: tomtom11Created on: 20-04-16 19:34 YED of -0.3 Inferior Good 1 of 7 XED of +0.6 Substitute Good 2 of 7 YED of +0.7 Normal Good 3 of 7 XED of -0.8 Complimentary Good 4 of 7 YED of +2 Luxury Good 5 of 7 PED or PES of -0.2 Means +0.2, and it means inelastic 6 of 7 PED or PES of -1.5 Means +1.5, and it means elastic 7 of 7
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