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18. Demand for a good tends to be more elastic when: a. there are fewer options in the market b. the time period considered is
18. Demand for a good tends to be more elastic when:
a. there are fewer options in the market
b. the time period considered is shorter
c.the good is considered more of a necessity
d. the good has more substitutes
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Managerial Economics A Problem-Solving Approach
Authors: Luke M. Froeb, Brain T. Mccann
2nd Edition
B00BTM8FK0
