7. You may have noticed that the market demand curve is always flatter than any individual demand...

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7. You may have noticed that the market demand curve is always flatter than any individual demand curve. Is market price elasticity of demand also always lower than individual price elasticity of demand? Why or why not?

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Microeconomics

ISBN: 9780716759751

1st Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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