With the increased usage of cell phone services, what should we expect to have happened to the price elasticity of demand for land-line telephone services? Group of answer choices It has become more income elastic It has become more price inelastic. The absolute value of the price elasticity coefficient has probably gone down. It has become more price elastic.
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Home » Business » With the increased usage of cell phone services, what should we expect to have happened to the price elasticity of demand for land-line telephone services? Group of answer choices It has become more income elastic It has become more price inelastic.