Why would an economist be more hesitant about making an elasticity estimate of the effect of an

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Why would an economist be more hesitant about making an elasticity estimate of the effect of an increase in price of 1 percent than an increase in price of 50 percent?

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 12, 2024 06:02 AM

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Why would an economist be more hesitant about making an elasticity estimate of the effect of an

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Economists might be more hesitant about making an elasticity estimate for a small increase in price ...View the full answer

Microeconomics

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