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In interpreting the Ed value as either elastic or inelastic, we look at the: a) Ed coefficient with its negative sign b) Absolute value of the Ed coefficient c) Percent change in price
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Sep 10, 2024
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In interpreting the Ed value as either elastic or inelastic, we look at the:
a) Ed coefficient with its negative sign
b) Absolute value of the Ed coefficient
c) Percent change in price
Business
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Eddex
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B) The absolute value of the Ed coefficient
Mrtedweb
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Sep 17, 2024
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When interpreting the Ed value as either elastic or inelastic , we look at the: A. Ed coefficient with its negative sign B. Absolute value of the Ed coefficient (dropping the negative sign) C. Percent
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