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Business, 23.07.2019 03:50 Neko1kat

The absolute value of the price elasticity of demand for ground beef has been estimated to be 1.0. if mad cow disease strikes the united states and a large percentage of the cattle are removed from the market, how will that affect total expenditures on hamburger, all other things equal? (hint: consider the change in meat prices.

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The absolute value of the price elasticity of demand for ground beef has been estimated to be 1.0. i...
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