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Match each choice to either Elastic or Inelastic demand curves. (Don't read too much into any one of these- we're talking about 'relative price elasticity',
Match each choice to either "Elastic" or "Inelastic" demand curves. (Don't read too much into any one of these- we're talking about 'relative price elasticity', and it may help to think of what causes something to have more or less responsiveness to price changes). - Cardiac bypass surgery - Movie theatre tickets - Hotel rates, for two additional days of vacation(above the 4 you already plan) - Pepsi or Coke - Electricity (for your home) - Your (required) economics textbook - A root canal (dental surgery) to fix an infected tooth - Pain medication, during a root canal
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