24. Interpret the following elasticity: The price elasticity of demand for hospital admissions is -O.32. This means that: O a. If the price of hospital care increases by 10%, the quantity demanded of hospital admissions will fall by 0.32%. b. If the price of hospital care increases by 10%, the quantity demanded of hospital admissions will increase by 0.32%. c. If the price of hospital care increases by 10%, the quantity demanded of hospital admissions will increase by 3.2%. d. If the price of hospital care increases by 10%, the quantity demanded of hospital admission will fall by 3.2%. e. None of the above