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Question 49 (1.25 points) If a product's price is relatively inelastic (but not absolutely inelastic), then it would require a very large change in selling

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Question 49 (1.25 points) If a product's price is relatively inelastic (but not absolutely inelastic), then it would require a very large change in selling price to result in a substantial change in the volume of units sold. True O False Question 50 (1.25 points) Bradford Company raised its price by 60% and lost 2% of its customers. This means consumer demand is relatively O unitary inelastic O elastic Onone of these

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