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Discretionary purchases that are not essential, like buying a second cup of coffee in the afternoon, will most likely have a Select one: High price

Discretionary purchases that are not essential, like buying a second cup of coffee in the afternoon, will most likely have a

Select one:

  • High price elasticity and a flat demand curve
  • High price elasticity and a steep demand curve
  • Low price elasticity and a flat demand curve
  • Low price elasticity and a steep demand curve

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