3. Why would an economist be more hesitant about making an elasticity estimate of the effect of...

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3. Why would an economist be more hesitant about making an elasticity estimate of the effect of an increase in price of 1 percent rather than an increase in price of 50 percent?

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 01:00 AM

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3. Why would an economist be more hesitant about making an elasticity estimate of the effect of an increase in price of 1 percent rather than an increase in price of 50 percent?
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3. Why would an economist be more hesitant about making an elasticity estimate of the effect of...

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Microeconomics

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