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For Nondurable Goods, _____

Question 34

Multiple Choice

For nondurable goods, _____.


A) the short-run demand curve is less elastic than the long-run demand curve
B) the short-run demand curve is more elastic than the long-run demand curve
C) the short-run demand curve is unit elastic
D) the short-run demand curve is perfectly elastic
E) the short-run demand curve is perfectly inelastic

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