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For each of the following products/services state whether the elasticity of demand would be: a)elastic b)inelastic Include a brief explanation , electricity milk pencils Coca
For each of the following products/services state whether the elasticity of demand would be:
a)elastic
b)inelastic
Includea brief explanation,
- electricity
- milk
- pencils
- Coca Cola
- jeans
- vacation in the Caribbeans
- tattoos
- coffee
- diamond rings
- plastic surgery
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