Multiple Choice
The demand for markers is _____ price elastic than the demand for Sharpies because _____.
A) less; markers require a smaller portion of one's income
B) more; markers require a smaller portion of one's income
C) less; the scope of the market for markers is more broadly defined
D) more; the scope of the market is for markers is more broadly defined
Correct Answer:
Verified
Correct Answer:
Verified
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