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For each of the following pairs of goods, which good would you expect to have more elastic demand and why? a. required textbooks or mystery

For each of the following pairs of goods, which good would you expect to have more elastic demand and why?

a. required textbooks or mystery novels

b. Adele recordings or pop music recordings in general

c. subway rides during the next six months or subway rides during the next five yrs

d. root beer or water

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