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    • Elasticity of demand for petrol in Ireland - comment 

      Arthur, W. Brian (Economic & Social StudiesDUBLIN, 1973)
      In an article in this journal (April 1972) W . K. O'Riordan estimated the price elasticity of petrol to be between minus 1.2 and minus 1.7. These values are surprisingly high. Petrol is expensive but the other major expenses ...