Economics, Student Value Edition (6th Edition)
Economics, Student Value Edition (6th Edition)
6th Edition
ISBN: 9780134123851
Author: Hubbard, R. Glenn; O'Brien, Anthony Patrick
Publisher: PEARSON
Question
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Chapter 6, Problem 6.3.10PA

Sub part (a)

To determine

What must be true about the price elasticity of demand for the publisher's books.

Sub part (b)

To determine

What would happen when the demand for book is elastic.

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