In its advertising, the mattress company Sealy has claimed that after years of simulated use, we maintained

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In its advertising, the mattress company Sealy has claimed that “after years of simulated use, we maintained support 4 times better than other leading brands.” If Sealy succeeds in convincing consumers that its claim is correct, would its demand curve become more elastic or less elastic? Briefly explain.

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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