Multiple Choice
Some of the determinants of the price elasticity are:
A) availability of substitutes,cost relative to benefit,and scope of market.
B) degree of necessity,cost relative to income,scope of market,and adjustment time.
C) availability of complements,cost relative to income,and scope of market.
D) cost relative to income,scope of demand,and adjustment time.
Correct Answer:

Verified
Correct Answer:
Verified
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