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possum milk's definitions

chicken day

an example of elastic demand. it represents a disproportionate change - a huge change in demand because of a small change in price. when the price of chicken drops to certain price, mrs. hernandez will know. later that day the hernandez family will have a large fridge stuffed with nothing but chickens. this is what has come to be known as the ever so famous “chicken day.” chickens beware.
student: what’s elastic demand?
hernandez: it’s chicken day
by possum milk November 3, 2019
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