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E1 Is Demand Elasticity for Minute Maid Orange Juice, E2

Question 18

Multiple Choice

E1 is demand elasticity for Minute Maid 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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