Multiple Choice
When a good has a lot of close substitutes available,it is likely to be:
A) more price elastic than goods without close substitutes available.
B) less price elastic than goods without close substitutes available.
C) more price elastic than those with a lot of complement goods available.
D) less price elastic than those with a lot of complement goods available.
Correct Answer:

Verified
Correct Answer:
Verified
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