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QUESTION
The price elasticity of demand for ambulatory mental health services appears to be about -0.8, and the price elasticity for general ambulatory...
1. The price elasticity of demand for ambulatory mental health services appears to be about -0.8, and the price elasticity for general ambulatory medical services appears to be about -0.3. How much would spending increase for each type of care if copays were cut from $40 to $25?
