A specific product in a snack vending machine is:
A)likely to have a price elasticity less than 1.
B)more likely to be price elastic than price inelastic.
C)an ideal example of unitary demand.
D)likely to have a price elasticity equal to 1.

Question

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The Answer of A specific product in a snack vending machine is:
A)likely to have a price elasticity less than 1.
B)more likely to be price elastic than price inelastic.
C)an ideal example of unitary demand.
D)likely to have a price elasticity equal to 1.

A Specific Product in a Snack Vending Machine Is