 Who do you think should control the economy? Do you think the economy should be left alone, and allowed it to reach a good point on its own? Or, do you think the economy should be influence by the government, though means of intervention?
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Do you know how to locate different elasticities on a graph?
Below, I will show you where the elastic, inelastic, unit elastic, perfectly elastic, and perfectly inelastic points are located. Along with locating points, I will provide examples and brief explanations on each.
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AuthorHello, as you may know my name is Kendrick Hardison. This blog will be used to share my experiences, teach things I may have learned, advise others, and much more. If you have any questions or if you would like for me to write a post on something you are interested in, click here to get to my contact page. WARNING: Math may show up smaller than normal text on mobile devices.
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