Question
Measuring the price of gasoline in dollars, an economist calculates the price elasticity of demand to be 0.6 . What would the price elasticity of
Measuring the price of gasoline in dollars, an economist calculates the price elasticity of demand to be 0.6 . What would the price elasticity of demand be if the economist had chosen to measure the price of gasoline in pennies rather than dollars?
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International Business
Authors: Michael Geringer, Jeanne M. McNett, Michael S Minor, Donald A Ball
1st edition
78029376, 78029370, 1259317226, 978-1259317224
