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Title: The price elasticity of demand for bottled water in Texas is -2, and the price elasticity of demand ...
Post by: chomtong on Jun 27, 2017
The price elasticity of demand for bottled water in Texas is -2, and the price elasticity of demand for bottled water in California is -0.5. In other words, demand in Texas is ________ and demand in California is ________.
A) inelastic; elastic
B) elastic; unit elastic
C) elastic; inelastic
D) inelastic; unit inelastic


Title: Re: The price elasticity of demand for bottled water in Texas is -2, and the price elasticity of ...
Post by: Akshtsaklani21 on Jun 27, 2017
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