Give an example of a pair of goods, e.g., all green beans and blue lake green beans, where one good…

Give an example of a pair of goods, e.g., all green beans and blue lake green beans, where one good…

Give an example of a pair of goods, e.g., all green beans and blue lake green beans, where one good has a more elastic demand than the other.

Describe two reasons why you believe that the one good has a more elastic demand than the other using the pattern described in class, e.g., “[there] are a lot of similar products, for example …’.

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