If a hotel decreases the price of its rooms from $80 to $40. As a result, the total quantity demanded of its service increased from 2000 to 4000. Which type of price elasticity of demand does the hotel

MattH asked Aug 20, 2023

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MattH asked Aug 20, 2023

by MattH

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15 votes

A. Elasic bc 2000 and 4000

Dklt answered Aug 25, 2023

by Dklt

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