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The determinants of price elasticity of demand for frozen orange juiceinclude: A. the size of the product group. B. the availability of substitutes for the
The determinants of price elasticity of demand for frozen orange juiceinclude:
A.
the size of the product group.
B.
the availability of substitutes for the product.
C.
the time allowed to adjust to a price change.
D.
A and B only.
E.
All of the above.
The determinants of price elasticity of supply for frozen orange juiceinclude:
A.
the size of the product group.
B.
the adjustment of demand.
C.
how costs behave as output is varied.
D.
A and B only.
E.
All of the above.
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