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(4) Breadth of the market: Narrowly defined markets have more elastic demand than broadly defined markets. For example, while demand for hotdogs and Giordano's clothes

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(4) Breadth of the market: Narrowly defined markets have more elastic demand than broadly defined markets. For example, while demand for hotdogs and Giordano's clothes may be [ elastic / inelastic], the demand than food and clothing tend to be more [ elastic / inelastic]

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