Identifying the determinant of elasticity

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Consider the following two products: sandwiches sold in a cafe and hotel accommodation in Melbourne on the weekend of Formula 1. Which product would have a higher price elasticity of supply in absolute value? Explain your answer including identifying the determinant of elasticity.

Reference no: EM133067318

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Identifying the determinant of elasticity : Consider the following two products: sandwiches sold in a cafe and hotel accommodation in Melbourne on the weekend of Formula 1.
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