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Jeffrey L.Pressman and Aaron Wildavsky's classic analysis of the Economic Development Administration's implementation efforts in Oakland, California, showed the terrible complexity of joint action.Some scholars say this view is overly pessimistic.Which of the following is NOT a strong argument against the Pressman-Wildavsky position?
Price Elasticity
A measure of how much the demand or supply of a product changes in response to a change in its price.
Lottery Tickets
Certificates or electronic entries that grant the holder a chance to win a prize in a drawing or contest, often governed by state or national lotteries.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in its price, with high elasticity indicating sensitivity to price changes.
Supplier
An entity that provides goods or services, typically in exchange for payment.
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