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How would you expect the price elasticity of demand for medical care to vary with health status? Prove your answer using one of the formulas
How would you expect the price elasticity of demand for medical care to vary with health status? Prove your answer using one of the formulas introduced. Watch video for some extra guidance other than your book.
video link: https://www.youtube.com/watch?v=HHcblIxiAAk
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