Question

Salima is a devoted Coca-Cola consumer, whereas Antonia can drink either Coca-Cola or Pepsi products. Salimas demand for Coca-Cola will be relatively more ________, while Antonias demand will be relatively more ________.

a. elastic; inelastic

b. unrelated to price; elastic

c. perfectly elastic; elastic

d. inelastic; elastic

e. unitary elastic; inelastic

Answer

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