(Answered) 1 if the cross price elasticity of clinic visits with

Management Studies

1) If the cross price elasticity of clinic visits with respect to pharmaceuticals price is -0.18,how much will ambulatory visits change if pharmacy prices rise by 5 percent?are pharmaceuticals substitutes for or complements to clinic visits?

2) If the cross price elasticity of clinic visits with respect to emergency department prices is 0.21,how much will ambulatory visit change if emergency department prices rise by 5 percent?are emergency visits substitutes for or complements to clinic visits?

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