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in each of the following pairs, which good has a lower elasticity of supply? bicyles vs....

in each of the following pairs, which good has a lower elasticity of supply?
bicyles vs. sport car
cocaine vs. condoms
diamond rings vs. t-shirts
pencils vs. crude oil
brioni suits vs. Gucci sunglasses
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Answer #1

1. Sports car

2. Cocaine

3. Diamond rings

4. Crude oil

5. Brioni suits

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