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3) Refer to Figure 16-3. Which group of customers is likely to have a more elastic demand curve (more 3) sensitive to price)? A) There
3) Refer to Figure 16-3. Which group of customers is likely to have a more elastic demand curve (more 3) sensitive to price)? A) There is no difference in the elasticity of demand between the two groups. B) the other residents of the neighborhood - market B C) There is insufficient information to answer this question. D) the customers from "The Chateau" - market A
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