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Business, 03.07.2021 01:50 jfy3341

If the price of an airline ticket from SFO to LAS were to increase by 10%, from $100 to $110 roundtrip, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is

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If the price of an airline ticket from SFO to LAS were to increase by 10%, from $100 to $110 roundtr...
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