if the price elasticity of demand is computed for


if the price elasticity of demand is computed for two products, and product A measures .79 , and product B measures 1.6 , then ?

a. product A is more price elastic than product B

b. product B is more price elastic than product A

c. consumers are more sensitive to price changes in product A than in product B

d. product B is more price inelastic than product A

e. product A and B must be substitutes

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Macroeconomics: if the price elasticity of demand is computed for
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