question archive Price elasticity of demand for a good depends in Part on how one defines the good

Price elasticity of demand for a good depends in Part on how one defines the good

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Price elasticity of demand for a good depends in Part on how one defines the good. Of the following categories, which one has the least elastic demand?

a. Bell peppers.

b. Red bell peppers.

c. Food.

d. Vegetables.

Option 1

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