Business, 03.03.2020 17:54, lokijuhygtfrdfghj

MIT economist Jerry Housman has estimated the price elasticity of demand for Post Raisin Bran cereal to be -2.5 and the price elasticity of demand for all types of breakfast cereals to be -0.9. The demand for Post Raisin Brand cereal is: 1. elastic 2. inelastic the demand for all types of breakfast cereals is: 1. inelastic2. elastic

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MIT economist Jerry Housman has estimated the price elasticity of demand for Post Raisin Bran cereal...