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6. Utility companies routinely ask state commits- scions for permission to raise utility rates. What does this suggest about the price elasticity of ode- Why is demand so inelastic

6 Utility companies routinely ask state commits scions for permission to raise utility rates What does this suggest about the price elasticity of ode Why is dem class=

Respuesta :

once an item is in high demand the producer has to give the consumer what they want and the price of that item wil rise if they contuie to buy that product or products