@heck my Won 2 Problem 07-03 (algo) 10 points Suppose the own price elasticity of...
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@heck my Won 2 Problem 07-03 (algo) 10 points Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $1,450,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product? Instruction: Enter your response rounded to two decimal places. If entering a negative number, be sure to use the negative () sign. eBook Print References
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