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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 i…

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 i…
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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

User Eddex
by
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1 Answer

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B) The absolute value of the Ed coefficient
User Mrtedweb
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