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Ceteris Paribus,as the Number of Substitutes for a Good Increases,the

Question 59

Multiple Choice

Ceteris paribus,as the number of substitutes for a good increases,the


A) Price elasticity of demand should become smaller.
B) Price elasticity of demand should become larger.
C) Cross-price elasticity of demand should become negative.
D) Income elasticity of demand should become negative.

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