given the demand function corresponding to a leontev with equal coefficients a=b=1, compute the elasticity of demand with respect to prices

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter5: Price Elasticity Of Demand And Supply
Section: Chapter Questions
Problem 16SQ
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given the demand function corresponding to a
leontev with equal coefficients a=b=1 , compute
the elasticity of demand with respect to prices
Transcribed Image Text:given the demand function corresponding to a leontev with equal coefficients a=b=1 , compute the elasticity of demand with respect to prices
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