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Consider the market for bicycles. A table that shows how much of a good or service all consumers are willing and able to buy. With the introduction of the calculator, the demand for the slide rule (increased/decreased) and the demand curve for slide rules shifted (right/left).
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(A) Demand, Supply, And Time.
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It Is A Measure Of How Responsive Quantity Is To A Price Change.
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Web Calculating Elasticity Of Demand.
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