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    Exam 3: Demand, Supply, and the Market Process
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    The Price Elasticity of Demand for a Good or Service
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The Price Elasticity of Demand for a Good or Service

Question 244

Question 244

Multiple Choice

The price elasticity of demand for a good or service is determined primarily by the


A) size of the consumer surplus.
B) availability of substitutes for the good.
C) incomes of consumers.
D) availability of complementary goods.

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