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E1 Is Demand Elasticity for Minutemaid Orange Juice, E2 Is

Question 8

Multiple Choice

E1 is demand elasticity for Minutemaid orange juice, E2 is demand elasticity for all orange juice, and E3 is demand elasticity for all fruit drinks. Then


A) |E1| > |E2| > |E3|
B) |E2| > |E3| > |E1|
C) |E3| > |E1| > |E2|
D) |E3| > |E2| > |E1|

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