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1.2.4 PED Warm-Up

Instructions:

The cards below will show two products. Click which one you think is more INELASTIC (i.e. less responsive to price). When you click the answer will show. If the card shows green you guessed right; red means you guessed wrong. See if you can get a high score!

You can find the data here: Price Elasticity of Demand Handout

Score: 0/0