A hospital has just increased its lab fee from 34 to 62 as
A hospital has just increased its lab fee from 34 to 62. As a result, the volume for the lab tests has decreased from 156 to 53. What is the price elasticity [E] of the lab test? (hint: use the point estimate formula and keep one decimal space)
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a hospital has just increased its lab fee from 34 to 62 as a result the volume for the lab tests has decreased from 156
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