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List the Following Goods in Order of Increasing Price Elasticity

question 101

Essay

List the following goods in order of increasing price elasticity of demand: cameras, digital cameras, digital SLR cameras, Sony digital SLR cameras.


Definitions:

James Naismith

The Canadian-American physical educator who invented the game of basketball in 1891.

Peach Baskets

Initially used as the first goals in the game of basketball, these containers were nailed to the balconies of gymnasiums, marking the start of this now popular sport.

Mortimer Mouse

A fictional character from the Disney universe, originally conceived as a rival to Mickey Mouse.

Mickey Mouse

An iconic cartoon character created by Walt Disney and Ub Iwerks in 1928, recognized as the mascot of The Walt Disney Company.

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