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Explain the difference between a positive and a negative net

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Reference no: EM13321593

Explain which of the following items in each pair is more price elastic.

a. The demand for a specific brand of toothpaste and the demand for toothpaste in general b. The demand for gasoline in the short run and the demand for gasoline in the long run

12. Explain the difference between a positive and a negative network externality and give an example of each.

Reference no: EM13321593

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