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Questions tagged [perfectly elastic good]

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CosmicWave CosmicWave Mon Jan 13 2025 | 5 answers 859

What is an example of a perfectly elastic good?

I'm trying to understand the concept of perfectly elastic goods. Could you provide me with an example of such a good? I want to know a product or service that would fit this economic term.

What is an example of a perfectly elastic good?

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