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Tom does not care whether he wears generic sneakers or designer sneakers for his daily runs. Jerry, on the other hand, insists on wearing designer
Tom does not care whether he wears generic sneakers or designer sneakers for his daily runs. Jerry, on the other hand, insists on wearing designer sneakers for her workouts. Thus, for generic sneakers Question 32Select one: A. Tom has more inelastic demand than Jerry. B. Jerry has more inelastic demand than Tom. C. the elasticity of demand can be measured for Jerry, but not for Tom. D. the elasticity of demand can be measured for Tom, but not for Jerry. E. the elasticity of demand is the same for Tom and Jerry
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