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Homework answers / question archive / Question 2: For each of the following pairs of goods, which good would you expect to have more elastic demand and why? a) required textbooks or mystery novels b) Beethoven recordings or classical music recordings in general c) subway rides during the next six months or subway rides during the next five years d) root beer or water

Question 2: For each of the following pairs of goods, which good would you expect to have more elastic demand and why? a) required textbooks or mystery novels b) Beethoven recordings or classical music recordings in general c) subway rides during the next six months or subway rides during the next five years d) root beer or water

Economics

Question 2: For each of the following pairs of goods, which good would you expect to have more elastic demand and why? a) required textbooks or mystery novels b) Beethoven recordings or classical music recordings in general c) subway rides during the next six months or subway rides during the next five years d) root beer or water

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