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For Which of the Following Is Demand Likely to Be

Question 114

Multiple Choice

For which of the following is demand likely to be most price-elastic?


A) steak
B) beef (including steak, ribs, hamburger, etc.)
C) meat (including beef, pork, chicken, lamb, etc.)
D) protein foods (including meat, cheese, beans, eggs, fish, etc.)
E) none of the above (they will all have the same elasticity)

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