The price elasticity of demand for natural gas is - 1.3, and the price elasticity of supply for natural gas is 0.5. If the government imposes a ceiling price for natural gas that is 10 percent below the equilibrium price, the result will be a equal to percent of the equilibrium quantity. (Enter your response as a whole number. Do not use a percentage sign.)

ENGR.ECONOMIC ANALYSIS
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The price elasticity of demand for natural gas is - 1.3, and the price elasticity of supply for
natural gas is 0.5. If the government imposes a ceiling price for natural gas that is 10 percent
below the equilibrium price, the result will be a equal to percent of the equilibrium quantity.
(Enter your response as a whole number. Do not use a percentage sign.)
Transcribed Image Text:The price elasticity of demand for natural gas is - 1.3, and the price elasticity of supply for natural gas is 0.5. If the government imposes a ceiling price for natural gas that is 10 percent below the equilibrium price, the result will be a equal to percent of the equilibrium quantity. (Enter your response as a whole number. Do not use a percentage sign.)
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