Which of the following is likely to have the highest (in absolute value) demand elasticity? Question 3 options: A necessary medication without close substitutes Camel brand cigarettes Cigarettes The...

Which of the following is likely to have the highest (in absolute value) demand elasticity?

Question 3 options:

	A necessary medication without close substitutes
	Camel brand cigarettes
	Cigarettes
	The group of branded, "premium" cigarettes as a whole (i.e. Camel, Marlboro, etc all. combined into one market)

Jun 08, 2022

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