2. Price elasticity of demand is predicted to be higher for which good of the following combinations

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2. Price elasticity of demand is predicted to be higher for which good of the following combinations of goods? Explain your answers.

a. Dell computers or computers.

b. Heinz ketchup or ketchup.

c. Perrier water or water.

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Microeconomics

ISBN: 9780324785494

9th Edition

Authors: Roger A. Arnold

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