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Hyperbola Demand Curve - Unit Elasticity Everywhere
When we draw a rectangular hyperbola demand curve , it is not  meant to reflect the usual elasticity pattern of a linear demand curve...
Caris
Sep 26
Why Diamonds Cost More Than Water: Paradox of Value
Have you ever wondered why a sparkling diamond ring costs a fortune while life-giving water is practically free? This is the essence of...
Jun 19, 2024
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