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The Relevant Market Is Defined as the Set of Goods

Question 44

Multiple Choice

The relevant market is defined as the set of goods whose


A) price elasticities of demand are low
B) cross elasticities with other goods outside the set are high
C) price elasticities of demand are high
D) income elasticities of demand are high
E) cross elasticities with other goods in the set are high

Correct Answer:

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