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Determine whether demand for each of the following products is elastic or inelastic: Granny Smith apples, heart medicine, gasoline. explain your reasoning
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Apr 4, 2018
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Determine whether demand for each of the following products is elastic or inelastic: Granny Smith apples, heart medicine, gasoline. explain your reasoning
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OwChallie
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Granny Smith apples is elastic because more trees can be planted to produce more apples heart medicine is inelastic because it takes resources to create gasoline is inelastic because it is a non-renewable resource
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Apr 10, 2018
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