If the price elasticity of medical care is 0,31 it can be concluded that the demand for medical care is........ Since the percentage change in quantity demanded is........ The percentage in price.
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Expert's answer
2019-09-06T09:38:20-0400
If the price elasticity of medical care is 0.31 it can be concluded that the demand for medical care is inelastic since the percentage change in quantity demanded is lower than the percentage change in price.
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09.09.19, 17:31
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Wilson
06.09.19, 17:30
If you have R20 to spend on chicken pieces and pies how many chicken
pieces will you consider buying to reach maximum satisfaction f the
price is R4 per chicken piece and R4 for a pie?
Wilson
06.09.19, 17:20
If a 10% increase in income causes a 20% increase in the quantity
demanded fora good or service. It can be concluded that
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Comments
Dear visitor, please use panel for submitting new questions
If you have R20 to spend on chicken pieces and pies how many chicken pieces will you consider buying to reach maximum satisfaction f the price is R4 per chicken piece and R4 for a pie?
If a 10% increase in income causes a 20% increase in the quantity demanded fora good or service. It can be concluded that
Leave a comment