- is the demand for fresh apples (the whole apple category) price inelastic or price elastic? Discuss the possible reasons to support your response (Hint: Read the supplemental material).
- Is the demand fresh apples income inelastic or income elastic? Discuss the possible reasons to support your response (Hint: needed item, luxurious item, etc.).
- Do you expect the demand for a specific variety of fresh apples be elastic or inelastic? Justify your response.
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