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Author Question: Suppose the demand for rescue services in our national parks is perfectly inelastic. This fact would ... (Read 61 times)

formula1

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on: May 24, 2019
Suppose the demand for rescue services in our national parks is perfectly inelastic. This fact would mean that a 31 percent increase in rescue fees leads to
◦ a 31 percent decrease in the quantity demanded.
◦ a 31 percent increase in demand.
◦ a 31 percent decrease in demand.
◦ no change in the quantity demanded.
◦ a decrease in the quantity demanded to 0 rescues.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by formula1 on May 24, 2019

ynlevi

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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formula1

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

dreamfighter72

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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