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Jane's demand for tuna is characterized by the following demand function: Dt = I / ( Pt ( 1 + Pt / Ph ) )

Jane's demand for tuna is characterized by the following demand function: Dt

=

/ (

(1 +

/

))

Where I is Jane's food budget, Pt is price of tuna, and Ph is the price of herring. At I

= 10

= 8

and Ph

= 2

her own price elasticity of demand for tuna is equal

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