Two customers, Fred and Lamont, walk into Gradys Used Pickups. Who probably has a more inelastic demand
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Two customers, Fred and Lamont, walk into Grady’s Used Pickups. Who probably has a more inelastic demand for one of Grady’s pickups: people like Lamont, who are good at shopping around, or people like Fred, who know what they like and just buy it? ko56
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