Business, 25.02.2020 21:45 TheCampingStone

Suppose a local bank increases the fees they charge for their bank accounts by 5 percent. in response, the demand for their bank accounts decreases from 30 comma 000 to 2 comma 500. what is price elasticity of demand for this bank's accounts? using the midpoint formula, the price elasticity of demand is

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Suppose a local bank increases the fees they charge for their bank accounts by 5 percent. in respons...