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shy567 shy567
wrote...
Posts: 307
5 years ago
Suppose that the absolute price elasticity of demand for hamburger is 1.5 and that the absolute price elasticity of demand for steak is 2.5. Then the absolute price elasticity of demand for beef will be
A) less than 1.5.
B) more than 2.5.
C) between 1.5 and 2.5.
D) equal to 1.5.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 52 times
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wrote...
5 years ago
 A
shy567 Author
wrote...
5 years ago
Thank you for your assistance, again and again
wrote...
5 years ago
My pleasure
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