A study sponsored by the American Medical Association suggests that the absolute value of the own price elasticity for surgical procedures is smaller than that for the own price elasticity for office visits.Explain why this would be expected.

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The Answer of A study sponsored by the American Medical Association suggests that the absolute value of the own price elasticity for surgical procedures is smaller than that for the own price elasticity for office visits.Explain why this would be expected.

A Study Sponsored by the American Medical Association Suggests That