Explain which of the following items in each pair is more price elastic? a) The demand for

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Explain which of the following items in each pair is more price elastic?
a) The demand for a specific brand of toothpaste and the demand for toothpaste in general
b) The demand for gasoline in the short run and the demand for gasoline in the long run
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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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