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Topic: Business
Number of pages / Number of words: 11 / 3040
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With crossovers spanning from normal goods to luxury goods, the elasticity is determined mainly by their price. Unlike in some industries, luxury goods in the auto industry means higher retail prices and normal goods will have more low to moderate costs. However, higher income, according to Ford, means more expensive purchases and more total purchases...


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However, higher income, according to Ford, means more expensive purchases and more total purchases.

The above figures indicate the crossover demand somewhat price elastic. The introduction of crossovers offering similar benefits as SUVs is killing the SUV market. The numbers show crossovers are substitutes of SUVs as the decrease in price of crossovers has resulted in a decrease in demand for SUVs...


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Goods in life A murky outlook for luxury goods Cross-over Utility Vehicles Demand Elasticity of Luxury Automobiles India's growing prosperity opens up a new market for luxury-goods firms Indian luxury goods buyers set to treble by 2010 Lvmh And Luxury Goods Marketing Lvmh: Diversification Strategy Into Luxury Goods Public Goods UPS Delivers the Goods Parable of the Democracy of Goods Exports of Goods and Services Leasing luxury - Clubs as alternate warrantors for durable goods SPORTS UTILITY VEHICLES pirating goods

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