Author Question: Out of the three products, which product has a unitary elastic demand curve? a. Cigarettes b. ... (Read 64 times)

james9437

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Out of the three products, which product has a unitary elastic demand curve?
 a. Cigarettes
  b. Alcohol
  c. Sodas
  d. None of the above

Question 2

Receiving 100 at the end of the next three years is worth more to me than receiving 260 right now, when my required interest rate is 10.
 a. True
  b. False



akemokai

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Answer to Question 1

b

Answer to Question 2

b



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