Which of the products are relatively elastic

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Reference no: EM133199046 , Length: Wrod Count: 200 words.

Discussion Post: Pricing Concepts

Read the following examples. Which of the products are relatively elastic, and which are relativity inelastic and why?

• Refrigerator
• Gasoline
• Internet service
• Pair of jeans

o Diamond
o Scarves
o Orange juice
o Salt
o Computer
o Concert tickets.

Reference no: EM133199046

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