question archive Jenna is looking to buy a new computer

Jenna is looking to buy a new computer

Subject:EconomicsPrice:2.88 Bought3

Jenna is looking to buy a new computer. When would the price elasticity of demand be most elastic for her computer? Order the situations from most elastic to most inelastic.

1. Jenna's computer is working fine, but she wants to purchase a new model.

2. Jenna uses her computer recreationally and wants to be able to listen to music with her friends in two days when they visit.

3. Jenna's work computer broke, and she needs a new one or else she cannot work.

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