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Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616Microeconomics 2nd Edition by Douglas Bernheim
Edition 2ISBN: 978-0071287616 Exercise 2
Suppose the daily demand for coffee in Seattle is Q d = 100,000(3 P ) 2. What is the elasticity of demand at a price of $2 At what price would the total expenditure on coffee be largest
Explanation
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The largest total expenditure ...
Microeconomics 2nd Edition by Douglas Bernheim
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