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Llanis Llanis
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7 years ago
The market demand for wheat is Q = 100 - 2p + 1 pb where pb is the price of barley. If the price of wheat is $2, the price elasticity of demand
A) equals (-4/46).
B) equals (-46).
C) equals (-1).
D) cannot be calculated without more information.
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Microeconomics

Microeconomics


Edition: 6th
Author:
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LBCeaLBCea
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#1
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7 years ago
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Llanis Author
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7 years ago
Good timing, thanks!
jblazah
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Yesterday
Smart ... Thanks!
derya1234
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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