Suppose the income elasticity of demand for visits is 14 a, Business Economics

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Suppose the income elasticity of demand for visits is 14 a

Suppose the income elasticity of demand for visits is +1.4. A consumer was spending $157 on visits and her income doubles. She will now spend $____.

If the coinsurance rate increases from 0.09 to 0.12, this raises the effective money price by ____ percent.

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Business Economics: Suppose the income elasticity of demand for visits is 14 a

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Business Economics: Suppose the income elasticity of demand for visits is 14 a

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