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    Exam 3: Quantitative Demand Analysis
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    Demand Is More Inelastic in the Short Term Because Consumers
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Demand Is More Inelastic in the Short Term Because Consumers

Question 153

Question 153

Multiple Choice

Demand is more inelastic in the short term because consumers:


A) are impatient.
B) have no time to find available substitutes.
C) are present-oriented.
D) None of the statements is correct.

Correct Answer:

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