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Q2. Define Price elasticity. Use the following information to calculate the price elasticity of demand for hotel rooms. if P = $70, Qd = 5000,
Q2. Define Price elasticity. Use the following information to calculate the price elasticity of demand for hotel rooms. if P = $70, Qd = 5000, if P = $90, Qd = 3000.
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International Economics
Authors: James Gerber
7th edition
134472098, 134523873, 978-0134472096
