Coefficient of price elasticity
Why the coefficient of price elasticity of demand is is negative?
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The coefficient of price elasticity of demand is for all time negative since there is an inverse relationship among demand and price.
Can someone help me in finding out the precise answer from the given options. The explicit costs of the firm would not comprise: (1) Salaries paid to the employees. (2) The value of owner’s effort and time. (3) Electric bills automatically paid as the drafts on
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