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A) Price Elasticity of Demand (DPE)= -3.00000008 and B) Price Elasticity of Demand (DPE)=0.17647059 Because of Substitutes? Passage of Time? Income? Pick one of the
A) Price Elasticity of Demand (DPE)= -3.00000008 and B) Price Elasticity of Demand (DPE)=0.17647059
Because of Substitutes?
Passage of Time?
Income?
Pick one of the above. Why do price elasticity of demand estimates change along the demand curve?
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