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11. Suppose that 200,000 Uber trips are taken every day in New York City and suppose that the elas- ticity of demand for an Uber

11. Suppose that 200,000 Uber trips are taken every day in New York City and suppose that the elas- ticity of demand for an Uber trip is -0.5. If the price increased by 10% how many Uber trips would be taken in a day

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