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In a local​ market, the monthly price of Internet access service decreases from ​$20 to ​$10​, and the total quantity of monthly accounts across all Internet access providers increases from 80 comma 000
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In a local​ market, the monthly price of Internet access service decreases from ​$20 to ​$10​, and the total quantity of monthly accounts across all Internet access providers increases from 80 comma 000 to 180 comma 000. What is the value price elasticity of​ demand, expressed as a positive​ number? nothing. ​(Round your answer to two decimal​ places.)

User Denisvm
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6 votes

Answer:

1.79

Step-by-step explanation:

The demand is elastic

User Faydey
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