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  3. Study Set
    Understanding Modern Economics
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    Exam 4: Consumer Decision Making and Consumer Reaction to Price Changes  
  5. Question
    How Does the Number and Availability of Substitutes Affect the Price
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How Does the Number and Availability of Substitutes Affect the Price

Question 80

Question 80

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How does the number and availability of substitutes affect the price elasticity of demand for a good?

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As the number of available sub...

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