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???

2 answers

I got it.... -1.0
good job
that is correct!
Similar Questions
  1. 2 of 3Jerome uses the formula, P = DB, to find his approximate sixmonth premium when his driver risk factor, D, is 1.02 and the
    1. answers icon 1 answer
    1. answers icon 1 answer
  2. choose correct choiceJerome uses the formula, P = DB, to find his approximate sixmonth premium when his driver risk factor, D,
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions