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Suppose a local bank increases the fees they charge for their bank accounts by 5 percent. In response, the demand for their bank accounts decreases

Suppose a local bank increases the fees they charge for their bank accounts by 5 percent. In response, the demand for their bank accounts decreases from 25,000 to 10,000. What is price elasticity of demand for this bank's accounts? Using the midpoint formula, the price elasticity of demand is?

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