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Business, 26.01.2022 20:00 vcornejo7

You are a division manager for a medium-size company. A staff analyst informs you that a recent promotional campaign instigated by the marketing department resulted in the price of your product effectively falling by 3%. During the same time period, sales volume increased by 4%. Assuming nothing else changed during the time period, what is your best estimate of the own-price elasticity

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