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Suppose that the only theater in town has successfully had the following pricing system for years: seniors pay $5, children under 12 years pay $4,
Suppose that the only theater in town has successfully had the following pricing system for years: seniors pay $5, children under 12 years pay $4, local students pay $6, veterans pay $7, and all other adults pay $8. According to price discrimination theory, which group has the greatest elaxticity of demand
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