Expect the elasticity of demand for any particular brand

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There are many brands of laundry detergent, all equally effective. Would you expect the elasticity of demand for any particular brand to be high or low? Explain.

Reference no: EM13741682

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Expect the elasticity of demand for any particular brand : There are many brands of laundry detergent, all equally effective. Would you expect the elasticity of demand for any particular brand to be high or low? Explain.

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