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Managerial Economics & Business Strategy 8th Edition by Michael Baye,Jeff Prince
النسخة 8الرقم المعياري الدولي: 978-1259129858Managerial Economics & Business Strategy 8th Edition by Michael Baye,Jeff Prince
النسخة 8الرقم المعياري الدولي: 978-1259129858 تمرين 3
Suppose the own price elasticity of market demand for retail gasoline is -0.8, the Rothschild index is 0.5, and a typical gasoline retailer enjoys sales of $1.5 million annually. What is the price elasticity of demand for a representative gasoline retailer's product?
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The own-price elasticity of market deman...
Managerial Economics & Business Strategy 8th Edition by Michael Baye,Jeff Prince
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