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2.7 Paper 2 Exam Practice Questions

Unit 2.7 - Paper 2 Exam Practice QuestionsExplain whether the price elasticity of demand (PED) for each of the following products is likely to be elastic or inelastic. Remember to justify your answers.(a) Salt [2](b) Cigarettes [2](c) Cinema tickets [2]AnswersExplain whether the price elasticity of demand (PED) for each of the following products is likely to be elastic or inelastic. Remember to justify your answers.

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