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after reading the article I could not figure out the answers... http://www.mackinac.org/article.asp?ID=1247 AGR 13E}: Own Price Demand Elasticity Name Conrm the price elasticities of gasoline

after reading the article I could not figure out the answers... http://www.mackinac.org/article.asp?ID=1247

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AGR 13E}: Own Price Demand Elasticity Name Conrm the price elasticities of gasoline and restaurant meals at the following website: ht_tp: f (www.mackinacnrg[article.asp?ID=124?. Answer the following questions after you have nished reading the article about price elasticity. 1. What is the price elasticity of shortrun gasoline in this article? [1/2 point) 2. What is the price elasticity of restaurant meals? [1 f 2 point] 3. Why would shortrun gasoline be more inelastic than longrun gasoline? [1 point] 4-. Why are peas and fresh tomatoes more elastic than tobacco or coffee products? [1 point] 5. Why are branded goods typically more elastic than generic goods? [1 point]

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