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Why do economists pay little attention to the algebraic sign

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Why do economists pay little attention to the algebraic sign of the elasticity of demand for a good with respect to its own price, yet pay careful attention to the algebraic sign of the elasticity of demand for a good with respect to another good's price?


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Principles of Economics

Principles of Economics

5th edition (978-0073511405)

Authors: Robert Frank, Ben Bernanke

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