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【題目】 You are an economist for the Taipei City Subway Commission. Presently, the price of a subway ride is $80, and 250,000 seats are filled weekly. The income elasticity of demand is -0.60. If a recession lowered area incomes by 5%, how many additional seats per week would the subway need?
1,500 seats
5,000 seats
1,000 seats.
7,500 seats |
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