Two goods is likely to have the more inelastic demand

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Reference no: EM131002603

For each of the following pairs, which of the two goods is likely to have the more inelastic demand, and why?

a. demand for tangerines vs demand for fruit

b. demand for beef next month vs demand for beef over the next decade

c. demand for insulin vs demand for vitamins

Reference no: EM131002603

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