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Tidy Tidy
wrote...
Posts: 4852
8 years ago
For each pair of items below determine which product would have the higher price elasticity of demand (in absolute value).
a.   Blood pressure medicine for someone who has high blood pressure and the purchase of Clairol hair coloring product.
b.   A new Ford Fusion or a tank of gas for your current car.
c.   A Seiko watch or watches in general.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
You're welcome Happy Dummy
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4 years ago
thank you
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3 years ago
thank you
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