Recall the Application about finding estimates of elasticities of demand to answer the following question(s).
-According to the Application, the regular price elasticities of demand found at www.ers.usda.gov are reported as
A) positive numbers.
B) negative numbers.
C) dollars per unit of foreign currency.
D) foreign currency units per dollar.

Question

Quizplus · Accepted Answer

The regular price elasticities of demand found at www.ers.usda.gov are reported as negative numbers.

Recall the Application About Finding Estimates of Elasticities of Demand