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The following are some characteristics of a good with a highly Elastic demand, EXCEPT: Question 1 options: It has many substitutes It has a low
The following are some characteristics of a good with a highly Elastic demand, EXCEPT: Question 1 options: It has many substitutes It has a low adjustment cost in consumption. Is a luxury item It's unnecessary
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Microeconomics
Authors: David Laibson, John List
Global Edition 1st Edition
1292079576, 978-1292079578
