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nyah95 nyah95
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A year ago
Suppose an analysis of the possible effects of increases in university tuition fees predicts that a 10% increase in tuition fees will result in a 3% decline in enrolment. What is the implied price elasticity of demand for university attendance?

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▸ 7

▸ 0.3

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Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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schoolkidchuckschoolkidchuck
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A year ago
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