lectur16-page9

lectur16-page9 - change .75% in the opposite direction

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9 Interpreting an Elasticity Estimate If Ed were to = - .75, what does it tell us? “For every 1% change in price, Qd will
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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