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.)

Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal. b) rental rates in france will increase. c) wages in france will decrease. d) rental rates in portugal will increase.