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Which of the following goods will likely have the most inelastic market demand? (Don't think about an individual consumer here, think about an entire market
Which of the following goods will likely have the most inelastic market demand? (Don't think about an individual consumer here, think about an entire market of consumers.) Another way of phrasing this question would be: for which of these goods will a change in price cause a relatively small change in quantity demanded? Food Breakfast food Pancakes Pancakes at IHOP
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