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If the demand for good X is inelastic in the short run, then it will be __________ in the long run (as more time passes).

If the demand for good X is inelastic in the short run, then it will be __________ in the

long run (as more time passes).

a.

inelastic

b.

elastic

c.

unit elastic

d.

perfectly inelastic

e.

There is not enough information to answer the question.

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