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Which of the following is NOT an important determinant of the price elasticity of demand. time. whether a good is a luxury or a necessity.
- Which of the following is NOT an important determinant of the price elasticity of demand.
time.
whether a good is a luxury or a necessity.
availability of substitutes.
the proportion of income spent on the product.
the level of technology
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International Management Culture, Strategy and Behavior
Authors: Fred Luthans, Jonathan Doh
10th edition
1259705072, 1259705076, 978-1259705076
