Question
Prilosec is only 30 to 40 cent per daily dose. the price elasticity of demand, E, should be in the range of roughly -1.0 to-1.2.
Prilosec is only 30 to 40 cent per daily dose. the price elasticity of demand, E, should be in the range of roughly -1.0 to-1.2. Using the rule of thumb, what would the pricing be in this particular case?
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
