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  3. 5 in each of the following pairs of goods identify...

Question: 5 in each of the following pairs of goods identify...

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5. In each of the following pairs of goods, identify the one which you would expect to have a more elastic price elas- ticity of demand. Briefly explain. a) Bread vs. fresh pineapples b) Airline travel in the long-run versus the short-run. c) Massages vs. prescription drugs. d) Sugar vs. restaurant meals. er

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