For Each Pair of Goods, Explain Which Is More Elastic

question 114

Essay

For each pair of goods, explain which is more elastic: toothpicks vs.cars; electricity vs.yachts; IBM computers vs.Apple computers.

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Definitions:

End-of-string

Represents the terminating character in a string, typically denoted as '\0', signalling the string's end.

NULL

A special marker used in programming to indicate that a pointer does not point to any valid memory area or object.

Sentinel

A special value used in programming to indicate the end of a data set or to signal when a particular condition has been met.

'\n'

Represents a newline character in many programming languages, used to move the cursor to the beginning of the next line of text.