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John was going to buy a new Toyota Prius, but the price of the new model was so high that John decided to repair his
John was going to buy a new Toyota Prius, but the price of the new model was so high that John decided to repair his 2012 Prius instead. John's example shows all of the following EXCEPT _________________. Group of answer choices consumers have the option of repairing durable products rather than replacing them. consumers can prolong the useful life of some products. sensitivity to price increases makes demand more elastic. sensitivity to price increases makes demand more inelastic
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