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5.17. Ice cream. Over the past years, the price of ice cream has varied between $3 and $6 per pound. Lisa's weekly expenditure on ice
5.17. Ice cream. Over the past years, the price of ice cream has varied between $3 and $6 per pound. Lisa's weekly expenditure on ice cream is higher in weeks when the price is lower. What can you tell about Lisa's price elasticity of demand for ice cream
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
4th edition
978-0324581621, 324581629, 324660545, 978-0324660548
