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Arrange the following goods from least to most elastic, explaining your ordering: gasoline, Shell gasoline, and Shell gasoline at a particular gas station.
Marginal Revenue
The revenue gain from the sale of an additional good or service unit.
Marginal Revenue
The growth in income arising from the sale of an extra unit of a product or service.
Price Discriminate
The practice of selling the same product or service at different prices to different customers, based on factors such as willingness to pay, market segment, or purchase location.
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