Problem
The monthly price of internet access services decreases from $20 to $10, and the total quantity of monthly account across all internet providers increases from 100,000 to 200,000. What is the price elasticity of demand? Is demand elastic, unit-elastic or inelastic?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.