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Consider a firm in a competitive market with 1001 identical firms and the market elasticity of demand equal to -0.001. The elasticity of supply for
Consider a firm in a competitive market with 1001 identical firms and the market elasticity of demand equal to -0.001. The elasticity of supply for other firms is 0.002. What is the elasticity of demand that the firm faces? O -0.001 -0.003 O -0.1 O -1.0 O -2.0 O -3.0
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