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book Econ 4th Edition by William McEachern cover

Econ 4th Edition by William McEachern

النسخة 4الرقم المعياري الدولي: 978-1285423548
book Econ 4th Edition by William McEachern cover

Econ 4th Edition by William McEachern

النسخة 4الرقم المعياري الدولي: 978-1285423548
تمرين 3
CATEGORIES OF PRICE ELASTICITY OF DEMAND For each of the following absolute values of price elasticity of demand, indicate whether demand is elastic, inelastic, perfectly elastic, perfectly inelastic, or unit elastic. In addition, determine what would happen to total revenue if a firm raised its price in each elasticity range identified.
a. E D = 2.5
b. E D = 1.0
c. E D = ?
d. E D = 0.8
التوضيح
موثّق
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Econ 4th Edition by William McEachern
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