Question: In interpreting the Ed value as either elastic or inelastic, we look at the Question 22 options: A) absolute value of the Ed coefficient (dropping

In interpreting the Ed value as either elastic or inelastic, we look at the Question 22 options: A) absolute value of the Ed coefficient (dropping the negative sign). B) percent change in price. C) percent change in quantity. D) Ed coefficient with its negative sign

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