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Why do long-run elasticities of
Why do long-run elasticities of demand differ from short-run elasticities? Consider two goods: paper towels and televisions.
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aaniya gill
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Goods with many close substitutes tend to have
more elastic demands. less elastic demands. price elasticities of demand that are
1 answer
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Market analysts often use cross-price elasticities to determine a measure of the “competitiveness” of a particular good in a
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asked by
Sam
683 views
Refer to the Table. Which of the following is consistent with the elasticities given in the Table?
A is root beer, and B is
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1. Given each of the following price elasticities, determine whether marginal revenue is positive, negative, or zero.
a. -5 b. -1
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asked by
Michelle
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If a firm supplies separable markets with price elasticities h1 = -3 and h2 = -2, it should set prices P1 and P2 so that:
a.2/3P1
2 answers
asked by
Carol
1,530 views
how does the speed of sound change for mediums of diofferent elasticities, densities, and tempertures
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asked by
nelson sieera
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If a firm supplies separable markets with price elasticities h1 and h2, it should set prices P1 and P2 so that:
a.P1 /h1 = P2 /h2
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asked by
Ronald
941 views
Can anyone help me?????
Are the cross-price elasticities of demand between the following pairs of products likely to be positive
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asked by
Lamia
470 views
Q=-5200 - 42P+20Px+5.21+0.20A+0.25M
(2.002) (17.5) (6.2) (0.09) (0.21) R2 = 0.55 n=26 F=4.88 P = Price of Product = 500 Px =
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asked by
Janet
616 views