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TB MC Qu. 13A-9 (Static) Demand for a product ... Demand for a product is said to be elastic if a change in price has:

TB MC Qu. 13A-9 (Static) Demand for a product ... Demand for a product is said to be elastic if a change in price has: 2.17 points Multiple Choice IX 02:52:30 O little effect on the volume of units sold O little effect on the volume of units produced O no effect on the volume of units sold. O substantial effect on the volume of units sold

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