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Q: Demand and supply in relation to the construction industry?
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There's no way to answer this question as it's posed.Do you mean the price elasticity of DEMAND for new construction, which says how much (in percentage terms) more construction will be demanded for a 1% decrease in price?Or the price elasticity of SUPPLY, which says how much (in percentage terms) more construction will be supplied for a 1% increase in price?


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