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is the corn market considered elastic or inelastic?
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Cornstalk1
Posted 4/30/2023 15:50 (#10210037 - in reply to #10210017)
Subject: RE: is the corn market considered elastic or inelastic?


Midwest
Elasticity of demand is the measurement of the sensitivity price to quantity. %change in quantity/% change in price. Needless to say when we had large reserves price tended to hover near loan
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