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Explain briefly why the price elasticity of demand for luxury goods and services plus manysubstitutes of normal goods and services tend to be greater than

"Explain briefly why the price elasticity of demand for luxury goods and services plus manysubstitutes of normal goods and services tend to be greater than one (elastic) as comparedto necessities that have a price elasticity of demand that is less than one. Give a specificexample from the real world"

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