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Price Elasticity of Demand: Cheese (United Kingdom): -1.36 Cheese (US): -0.60 Based only on this information, we can say US consumers are less sensitive to

Price Elasticity of Demand: Cheese (United Kingdom): -1.36 Cheese (US): -0.60 Based only on this information, we can say US consumers are less sensitive to price changes in the "cheese market" compared to the English.

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