I've noticed around here, as the price
of gas goes up 15 cents a week, there is
corresponding increase in the amount of
driving that I'm seeing. It's not
inelastic demand, because as the price
goes up, demand increases. So what is
the correct economic term?
Cycling Equipment · Public discussion
need an economic term......
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- Cycling Equipment
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- 7 November 2007
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- 7 November 2007
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- Crescentius Vespasianus
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