Which of the following categories of goods would have the most elastic demand
A)beverages
B)soda pop
C)colas
D)Pepsi

Name: Which of the following categories of goods would have the most elastic demand A)beverages B)soda pop C)colas D)Pepsi
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Pepsi has the most elastic demand because it is a specific brand within the broader categories of colas, soda pop, and beverages, making it more sensitive to price changes due to the availability of close substitutes.

Which of the Following Categories of Goods Would Have the Most