If the short-term own price elasticity for transportation

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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.

Reference no: EM131109480

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