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10 December, 15:10

Below are the supply and demand functions for two markets. one of the markets is for tesla automobiles, and the other is for a cancer-fighting drug, without which lung cancer patients will die.

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  1. 10 December, 17:36
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    Vertical demand curve is probably the one of the cancer-fighting drug because the price of the drug rises, somehow the demand would not decrease, which indicates that this product is inelastic such as drugs. On the other hand, if the price of the BMW car rises, people will reduce the quantity of BMW's demand of this specific brand of car
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