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In that example, you still want a Toyota though, right? Just because you don't want one all that badly doesn't mean your life wouldn't be better with one.
by SuoDuanDao 4y ago
In that example, you still want a Toyota though, right? Just because you don't want one all that badly doesn't mean your life wouldn't be better with one.
- RandomBK 4y agoTough to say. Do I need a Toyota? no, but I'd happily buy one for $1K. Demand elasticity makes any report on the volume of demand irrelevant unless it also covers the pricing of that demand.