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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    A Good Will Have a More Elastic Demand,the
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A Good Will Have a More Elastic Demand,the

Question 36

Question 36

Multiple Choice

A good will have a more elastic demand,the


A) greater the availability of close substitutes.
B) more broad the definition of the market.
C) shorter the period of time.
D) more it is regarded as a necessity.

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