topic : Types of input demand   Question . You are interested in the own-price elasticity of demand for water as an input in manufacturing paper. Which price elasticity do you expect to be smaller in absolute magnitude, the own-price price elasticity of unconditional input demand or the own-price elasticity of conditional demand? Why?

Q: Q7

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A: please find the answer below.

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A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

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Q: 9. Application: Elasticity and hotel rooms The following graph input tool shows the daily demand for…

A: Please below answers has to be filled in each blank

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