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    The Economy Today Study Set 1
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    Exam 20: Elasticity
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    Which of the Following Does Not Influence the Price Elasticity
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Which of the Following Does Not Influence the Price Elasticity

Question 100

Question 100

Multiple Choice

Which of the following does not influence the price elasticity of demand?


A) The availability of substitutes.
B) The price of the item relative to the consumer's budget.
C) Costs of production.

Correct Answer:

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