A life-saving medicine without any close substitutes will tend to have a. a small elasticity of demand.

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A life-saving medicine without any close substitutes will tend to have

a. a small elasticity of demand.

b. a large elasticity of demand.

c. a small elasticity of supply.

d. a large elasticity of supply.

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Principles Of Microeconomics

ISBN: 9781305081673

7th Edition

Authors: N Gregory Mankiw

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Question Posted: Nov 02, 2024 05:00 AM

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A life-saving medicine without any close substitutes will tend to have a. a small elasticity of demand.

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Principles Of Microeconomics

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