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JSmith1 JSmith1
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2 years ago
When calculating the price elasticity of demand for some product, we ignore the ________ of the change, and focus only on the ________ of the measure.

▸ direction; absolute value

▸ direction; percentage change

▸ source; absolute value

▸ source: percentage change

▸ absolute value; percentage change
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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gamblawcgamblawc
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2 years ago
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