Question
Read the following article about Indiana Ambulance fees. Using your understanding of elasticity answer the following questions, How much will demand decrease for ambulance service
Read the following article about Indiana Ambulance fees.
Using your understanding of elasticity answer the following questions,
How much will demand decrease for ambulance service with prices tripling?
What would happen with demand if Uber became a viable substitute for the service?
https://www.ems1.com/legislation-funding/articles/ind-city-considers-tripling-ambulance-fees-to-avoid-losing-money-twHQowcSET9hdLye/?utm_source=EX&utm_medium=News&utm_campaign=MRUEmail&utm_content=ind-city-considers-tripling-ambulance-fees-to-avoid-losing-money&__s=ppmsfjzetytqhebip9rf
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Introduction to Managerial Accounting
Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
5th Canadian edition
77429494, 1259105709, 1260480798, 978-1259105708
