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7. Which of the following is an importance determinant of the price elasticity of demand for a commodity? Group of answer choices a. The method

7. Which of the following is an importance determinant of the price elasticity of demand for a commodity?

Group of answer choices

a. The method of calculating the coefficient of elasticity.

b. The number of buyers of the commodity.

c. The number of sellers of the commodity.

d. The cost of producing the commodity.

e. The importance of the commodity in consumer's budgets.

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