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f the price elasticity of demand on hospital services in the U.S. is estimated at -0.25, then a 20% price increase in hospital services will
f the price elasticity of demand on hospital services in the U.S. is estimated at -0.25, then a 20% price increase in hospital services will cause a ______ of quantity demanded in hospital services. Group of answer choices 5% increase 5% decrease 8% decrease 80% decrease
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