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Question: In a local market, the monthly price of Internet access service decreases from $20 to $10, and the total quantity of monthly accounts across all Internet access providers increases from 80,000 to 180,000 What is the value price elasticity of demand, expressed as a positive number? (Round your answer to two decimal/places)

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93118152

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