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Demand is usually more elastic in the: Select one: O short run, because firms will adjust their prices to ensure the consumer purchases the product.

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Demand is usually more elastic in the: Select one: O short run, because firms will adjust their prices to ensure the consumer purchases the product. short run, because consumers have less time to find alternatives. O long run, because consumers will have higher incomes. long run, because consumers have more time to find alternatives

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