Asked by idk

Assume that the monthly premium for manage care increases from $10 to $16, and that increase prompts a 60 percent of a health plan's employees to switch to another plan. Based on this empirical evidence, we could say that the elasticity of manage care insurance is equal to???
Answered by idk
I got it.... -1.0
Answered by mysterychicken
good job
that is correct!
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