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    Exam 5: Elasticity and Its Application
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    When Would Demand for a Good Tend to Be More
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When Would Demand for a Good Tend to Be More

Question 53

Question 53

Multiple Choice

When would demand for a good tend to be more elastic


A) when there are fewer options in the market
B) when the time period considered is shorter
C) when the good is considered more of a necessity
D) when the good has more substitutes

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