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The elasticity of demand will be greater (in absolute value) if The elasticity of demand will be greater (in absolute value) if (Need help? Read

The elasticity of demand will be greater (in absolute value) if

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The elasticity of demand will be greater (in absolute value) if (Need help? Read chapter 3.4 of the textbook, here: https://playconomics.com/textbooks/view/playconomics42019t3/part2/ch3/s4) it makes up a relatively small share of consumers' total budget. it is relatively easy for producers to switch over to producing another good. 0 relatively close substitutes for the good are available. Both A and C, All of the above

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