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Apple juice is a very elastic good to me. I can easily substitute something else for it if it gets too expensive. Gasoline, on the other hand, is not replaceable to me. I cannot fill my car with anything else. This is very inelastic. Draw both demand curves on two different graphs.

Answer :

Answer:

I can't exactly draw a picture here for you, but this is the closest thing

Explanation:

View image EVOTECH