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Use these determinants in judging whether demand for each of the following products is elastic or inelastic.

a. Apples

b. Cigarettes

c. Winston cigarettes

d. Butter

e. Gasoline

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This solution lists determinants to explain elasticity.

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I realize the question is incomplete because it doesn't include the determinant,s but really, there are only a few determinants to explain elasticity. The nature of the product (must people use it? Is it a luxury product? etc) the number of substitutes a product has. ...

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