In this video, we take a look at real-world applications of elasticity, using the examples of slave redemption in Sudan and and the effects of gun buyback programs

In this video, we take a look at real-world applications of elasticity, using the examples of slave redemption in Sudan and and the effects of gun buyback programs in the U.S.

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I'm thinking because the global supply must be quite inelastic (maybe poaching can increase a bit, perhaps there is some ivory in collections that would be sold if the price increases, but I can't think of any other source) these events may be more effective than slave redemption or gun buybacks.

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