Question: Which of the following has a more elastic demand in the short run? a. Pomegranate juice or drinking water? b. Cereal or Rice Krispies? c.

Which of the following has a more elastic demand in the short run?
a. Pomegranate juice or drinking water?
b. Cereal or Rice Krispies®?
c. Speedboats or gourmet chocolate?

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