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Business, 26.02.2020 18:28 Taylor73836
In the market for sweaters, suppose Green's price elasticity of demand is 0.4, Smith's price elasticity is 1.4, and the price elasticity of all the other consumers is greater than 0.4 but less than 1.4. Could the market price elasticity be less than 0.4 or greater than 1.4?
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In the market for sweaters, suppose Green's price elasticity of demand is 0.4, Smith's price elastic...
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