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Give an example {if a good that has elasc demand. What is the value cf the price elas- tlcitj.r if demand is elastic? Give an

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Give an example {if a good that has elasc demand. What is the value cf the price elas- tlcitj.r if demand is elastic? Give an example [if a guild that has inelastic demand. What is the value of the price elasticity if demand is Inelastic

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