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Why is it important to pay attention to the magnitude (a.k.a. the absolute value) of the price elasticity of demand? Question 8Select one: a. Price
Why is it important to pay attention to the magnitude (a.k.a. the absolute value) of the price elasticity of demand? Question 8Select one: a. Price elasticity of demand is negative sometimes, but it doesn't matter. b. Price elasticity of demand is always positive, so the sign doesn't tell us anything. c. Price elasticity of demand is always negative, so the sign doesn't tell us anything
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