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Business, 25.02.2020 17:45, DavidSuperior3475
After graduating from college, you are hired by the Ford automobile company as an economic analyst. For your first project, you are asked to estimate what would happen to the sales of Ford Mustangs as a result of a change in
(i) the price of a Chevrolet Camaro
(ii) the price of gasoline, and
(iii) consumer incomes. You are given the following elasticities: Price elasticity of demand for Ford Mustangs
![answer](/tpl/images/cats/otvet.png)
Answers: 1
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