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For Computers and Other Business Equipment, Small Changes in Business

Question 78

Multiple Choice

For computers and other business equipment, small changes in business earnings tend to generate relatively large short-run changes in the demand for this equipment. In the long run, the responsiveness of demand for business equipment with respect to income changes tends to be:


A) even more responsive.
B) less responsive.
C) equally responsive.
D) none of the above

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