Tuesday, September 29, 2009

Unit 1: Price Elasticity of Supply in the USA whisky industry

Thanks to tutor2u for pointing out this article on Price Elasticity of Supply in the USA whisky industry

http://www.guardian.co.uk/business/andrew-clark-on-america/2009/jul/20/fooddrinks-marketingandpr

a)Is the supply of Knob Creek whisky elastic or inelastic? Explain your answer

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