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    Exam 4: Consumer Decision Making and Consumer Reaction to Price Changes  
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    The Price Elasticity of Demand Is Affected by
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The Price Elasticity of Demand Is Affected by

Question 57

Question 57

Multiple Choice

The price elasticity of demand is affected by


A) the costs of producing the good.
B) the wages paid to workers who provide the service or produce the good.
C) the number of substitutes consumers can find for the good.
D) the transportation costs of getting the good to market.

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