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Goods Which has the more elastic demand and why? Breakfast cereal vs. sunscreen Medicine vs. entertainment (what about insulin?) Multi-grain bread vs. wheat Rental housing
Goods Which has the more elastic demand and why? Breakfast cereal vs. sunscreen Medicine vs. entertainment (what about insulin?) Multi-grain bread vs. wheat Rental housing vs. vacation rentals Gasoline in the short run vs. gasoline in the long run
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