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SOLVED:Suppose the price elasticity of demand for heating oil is 0.2 in the short run and 0.7 in the long run. a. If the price of heating oil rises from 1.80 dollar
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SOLVED: Suppose the price elasticity of demand for heating oil is 0.1 in the short run and 0.9 in the long run.If the price of heating oil rises from 1.90 to2.10 per
