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    Contemporary Marketing Study Set 4
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    Exam 16: Pricing Concepts and Strategies
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    What Would Demand in the Short Run Tend to Be
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What Would Demand in the Short Run Tend to Be

Question 183

Question 183

Multiple Choice

What would demand in the short run tend to be if the price of basic food products were to increase significantly?


A) inelastic
B) elastic
C) plastic
D) unstable

Correct Answer:

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