Reply To: question for democrats (and i guess anyone else that wants to chime in)

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#1145066
☕️coffee addict
Participant

thank you dy,

in other words if a company can charge a higher price and the demand stays the same (or drops a little) the group that the company is in is demand inelastic (i learned micro and macro economics) and therefore is a price setter, because demand barely changes (which is what happened with the airline companies)