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1.For each of the following goods,indicate whether you expect demand to be inelastic or elastic,and explain why? (a)Opera: (b)Foreign travel: (c)Local telephone service(as a whole

1.For each of the following goods,indicate whether you expect demand to be inelastic or elastic,and explain why?

(a)Opera:

(b)Foreign travel:

(c)Local telephone service(as a whole not from any one particular carrier):

(d)"On Demand"movierentals:

(e)Eggs:

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