Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Cookiemonster on Aug 20, 2018



Title: If the price elasticity of demand (Ep) equals one in the short run, then, other things being equal, ...
Post by: Cookiemonster on Aug 20, 2018
If the price elasticity of demand (Ep) equals one in the short run, then, other things being equal, in the long run Ep will be
A) one.
B) less than one.
C) greater than one.
D) indeterminate without more information.


Title: If the price elasticity of demand (Ep) equals one in the short run, then, other things being equal, ...
Post by: sumik on Aug 20, 2018
Content hidden


Title: If the price elasticity of demand (Ep) equals one in the short run, then, other things being equal, ...
Post by: Cookiemonster on Aug 20, 2018
:heavy_check_mark: