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Suppose that you have run a lin-lin regression for Ice Cream sales (in thousands) as a function of price in dollars per pint. The estimated

Suppose that you have run a lin-lin regression for Ice Cream sales (in thousands) as a function of price in dollars per pint. The estimated intercept found is 70.64 and the estimated slope is -20.47. The elasticity of demand at a price of $3.25 is

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