Managerial Economics 2nd Edition by William Boyes

تمرين 15

For each of the following pairs of goods or services, identify the one for which the price elasticity of demand is greater and explain why.
Coffee/Starbucks coffee
Tuition at a public university/tuition at a private university
Emergency room medical service/annual physical exam
Movies in the afternoon/movies at night
Prescription medicine/over-the-counter medicine