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If the quantity demanded of a good does not react very much to an increase in price, which of the following statements is true? Question

If the quantity demanded of a good does not react very much to an increase in price, which of the following statements is true? Question 6 options: A) The good has many close substitutes. B) The good may be a necessity. C) Consumers have had a lot of time to consider other options. D) The good may be a luxury good

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