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The Demand for Godiva Pumpkin Truffles Is Likely Quite Elastic

Question 139

Multiple Choice

The demand for Godiva pumpkin truffles is likely quite elastic because


A) truffles melt easily.
B) this particular type of chocolate is viewed as a necessity by many chocolate lovers.
C) the market is broadly defined.
D) other types of chocolate are good substitutes for this particular flavor.

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