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Discuss the relative price elasticity

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Reference no: EM13942206

1. Discuss the relative price elasticity of the following products:

a. Mayonnaise
b. A specific brand of mayonnaise
c. Chevrolet automobiles
d. Jaguar automobiles
e. Washing machines 
f. Air travel (vacation)
g. Beer
h. Diamond rings

Reference no: EM13942206

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