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a. Describe the nature of elasticity of demand for Earth's Own Oat Milk. Do you think the product's demand is elastic or inelastic? Briefly explain

a. Describe the nature of elasticity of demand for Earth's Own Oat Milk. Do you think the product's demand is elastic or inelastic? Briefly explain your reasoning.

b. Which pricing method do you think Earth's Own Oat Milk has used and why?

c. Suggest one pricing tactic that Earth's Own Oat Milk can do to stimulate product sales at retail.

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