shifting supply and demand/Orange and Grapefruit crop should set record


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Posted by Linda Davis, Instructor on June 18, 1998 at 11:22:29:

I would like to use this example since I teach in Florida. I came up with 2 different figures both pointing toward an inelastic demand. Can you clear this up for me. Maybe I am just having a brain dead day (teaching too many night classes will do this)

Linda Davis


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