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calculate the change in the price in using the cross/mid point formula.use the demand elasticity for wholesale milk of = -0.5 to estimate the %
calculate the change in the price in using the cross/mid point formula.use the demand elasticity for wholesale milk of = -0.5 to estimate the % change in quantity demanded for wholesale milk in 2020
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Econometric Analysis Of Cross Section And Panel Data
Authors: Jeffrey M Wooldridge, J M Wooldridge
2nd Edition
0262232588, 9780262232586
