Business, 26.03.2020 18:50 evapoliziani
Suppose a local bank increases the fees they charge for their bank accounts by 2020 percent. In response, the demand for their bank accounts decreases from 20 comma 00020,000 to 10 comma 00010,000. What is price elasticity of demand for this bank's accounts? Using the midpoint formula, the price elasticity of demand is nothing. (Enter your response rounded to two decimal places.)
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Suppose a local bank increases the fees they charge for their bank accounts by 2020 percent. In resp...
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