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Business, 21.02.2020 20:48 brionesoswaldo09

According to Duffy-Deno (2003), when the price of broadband access capacity (the amount of information one can send over an internet connection) increases 10%, commercial customers buy about 3.8% less capacity. What is the elasticity of demand for broadband access capacity for firms? The elasticity of demand is nothing. (Enter a numeric response using a real number rounded to two decimal places.)

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According to Duffy-Deno (2003), when the price of broadband access capacity (the amount of informati...

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