1.1. The text tells us that there are long-run elasticities and short-run elasticities. a. How long is...

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1.1. The text tells us that there are long-run elasticities and short-run elasticities.

a. How long is the long run and how long is the short run?

b. What meaning do the elasticity measures have if you don’t know those lengths? (Austrian)

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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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Question Posted: Oct 16, 2024 02:01 AM

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1.1. The text tells us that there are long-run elasticities and short-run elasticities. a. How long is...

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Economics

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