Examine the market basket of goods or services they purchase over a six-to-twelve-month period and then calculate the margin on each basket, keeping track of discounts and price concessions.
FORBES: Calculating The Economics Of Loyalty
In my paper, I went on to examine whether the increase in imports was attributable to American demand for Chinese goods being price inelastic.
FORBES: Economists Ignore the Facts in Supporting Chinese Currency Legislation
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