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Cookiemonster Cookiemonster
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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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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sumiksumik
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