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Categories most elastic in between least elastic food red bell peppers vegetables

A) Red bell peppers
B) Food in general
C) Vegetables

User Dave Goten
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1 Answer

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Final answer:

The level of elasticity in different categories of food.

Step-by-step explanation:

The question is asking about the level of elasticity in different categories of food. The options given are red bell peppers, food in general, and vegetables. Elasticity refers to the responsiveness of demand to changes in price. In this case, we can determine the order of elasticity by considering the price level of each category. Higher priced goods are generally more elastic than inexpensive goods. Therefore, the most elastic category would be A) Red bell peppers, followed by B) Food in general, and then C) Vegetables.

User Jongwoo
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