Demand curves for goods tend to become more inelastic a. when more good substitutes for the good

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Demand curves for goods tend to become more inelastic

a. when more good substitutes for the good are available.

b. when the good makes up a larger portion of a person’s income.

c. when people have less time to adapt to a given price change.

d. when any of the above is true.

e. in none of the above situations.

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