If the short-term own price elasticity for transportation
If the short-term own price elasticity for transportation is estirmated to be -0.6, then long-term own price elasticity is exprected to be
a. -0.6
b. greater than -0.6
c. less than -0.6
d. neither greather than, less than nor equal to -0.6.
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if the short-term own price elasticity for transportation is estirmated to be -06 then long-term own price elasticity
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