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An elastic response in the quantity of a good demanded would be caused by OA. a lack of sensitivity to the good's price. OB.
An elastic response in the quantity of a good demanded would be caused by OA. a lack of sensitivity to the good's price. OB. the good representing a small portion of a person's budget. OC. the availability of many substitutes. OD. a lack of substitutes.
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
