question archive How do governments factor elasticity of demand into their fundamental decisions on raising prices of petrol, diesel, or even alcohol, knowing fully well that most of these items are inelastic?
How do governments factor elasticity of demand into their fundamental decisions on raising prices of petrol, diesel, or even alcohol, knowing fully well that most of these items are inelastic?
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How do governments factor elasticity of demand into their fundamental decisions on raising prices of petrol, diesel, or even alcohol, knowing fully well that most of these items are inelastic?
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