Ask Question
19 August, 00:01

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 comma 000 to 180 comma 000. What is the value price elasticity of demand, expressed as a positive number? nothing. (Round your answer to two decimal places.)

+2
Answers (1)
  1. 19 August, 01:38
    0
    1.79

    Explanation:

    The demand is elastic
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In a local market, the monthly price of Internet access service decreases from $20 to $10 , and the total quantity of monthly accounts ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers