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book Economics 10th Edition by William McEachern cover

Economics 10th Edition by William McEachern

النسخة 10الرقم المعياري الدولي: 978-1133188124
book Economics 10th Edition by William McEachern cover

Economics 10th Edition by William McEachern

النسخة 10الرقم المعياري الدولي: 978-1133188124
تمرين 7
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
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Economics 10th Edition by William McEachern
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