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If the cross-price elasticity of clinic visits with respect to emergency department prices is 0.21, how much will ambulatory visits change if emergency department prices

If the cross-price elasticity of clinic visits with respect to emergency department prices is 0.21, how much will ambulatory visits change if emergency department prices rise by 5%? Are emergency department visits substitutes for or complements to clinic visits?

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Visit charges change by 105 As emergency charges change by 5 t... blur-text-image

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