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Home Q & A Board Other Fields Homework Help Business Economics
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Kyuubi Kyuubi
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6 years ago
Arc elasticity of demand treats the price and quantity as if they were midway between the initial and the new prices and quantities, and then uses the point elasticity at this midpoint.

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Microeconomics

Microeconomics


Edition: 2nd
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JavaewJavaew
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6 years ago
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