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    Economics Today
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    Exam 19: Demand and Supply Elasticity
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    When Numerous but Imperfect Substitutes Exist for a Good, the Demand
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When Numerous but Imperfect Substitutes Exist for a Good, the Demand

Question 324

Question 324

Multiple Choice

When numerous but imperfect substitutes exist for a good, the demand for the good will tend to be


A) inelastic.
B) elastic.
C) unitary.
D) perfectly elastic.

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