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Homework answers / question archive / 1)The price elasticity of demand for physician care is estimated to be -0

1)The price elasticity of demand for physician care is estimated to be -0

Economics

1)The price elasticity of demand for physician care is estimated to be -0.50. If the price of physician services increases by 5% what will happen to the quantity demanded for this service? Find a specific % change in demand.

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