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Miller brand beer tends to be much more price-elastic than Corona brand beer. This information about the beers' elasticities is telling us that: Group of

Miller brand beer tends to be much more price-elastic than Corona brand beer. This information about the beers' elasticities is telling us that: Group of answer choices Corona and Miller are poor substitutes Corona beer is a luxury good, whereas the Miller beer is an inferior good. Corona and Miller are close substitutes. Corona customers are not as responsive to price changes as are the customers of Miller

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