Price elasticty of demand for medical check-ups

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Reference no: EM131107370

A Microeconomist estimates that the price elasticty of demand for medical check-ups is 0.65. This suggest that the producer of medical check-ups could:

(A) encourage more persons to visit doctors

(B) advertise more to raise the price elasticty of demand

(D) maximize revenues by sticking to the current price

Reference no: EM131107370

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