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received their Ph.Ds from M.I.T., Pindyck in 1971 and Rubinfeld in 1972. Professor Pindyck’s research and writing have covered a variety of topics in microeconom-ics, including the effects of uncertainty on firm behavior and market structure; the behavior of natural …

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2/8/2018 · 17. Pindyck/Rubinfeld, Microeconomics, Eighth Edition. Chapter 2. The Basics of Supply and Demand. 17. b. Calculate the price elasticity of supply when the price is $80 and when the price is $100.

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