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    Economics Study Set 10
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    Exam 19: Elasticity
  5. Question
    The More Narrowly Defined a Good Is, the More Elastic
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The More Narrowly Defined a Good Is, the More Elastic

Question 68

Question 68

True/False

The more narrowly defined a good is, the more elastic the demand for the good will tend to be, ceteris paribus.

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