Translate Elastic is if Price Elasticity of Demand value with high product prices are little changed or lower the price just. Product demand is increased greatly. Normally, items that this is an item that is no longer necessary to life or luxury goods such as luxury brand t-shirt price 2,000 baht, but if the price reduction with 1,500 baht each, with many luxury brand shirt parade. It is not so much the price reduction, but there will be an increased sales volume. Conversely, if the price rises, only a little bit to make the demand greatly decreased.
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