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    Economics Today Study Set 1
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    Exam 19: Demand and Supply Elasticity
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    When a Particular Product Has Numerous but Imperfect Substitutes, the Demand
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When a Particular Product Has Numerous but Imperfect Substitutes, the Demand

Question 17

Question 17

Multiple Choice

When a particular product has numerous but imperfect substitutes, the demand for that product will tend to be


A) inelastic.
B) elastic.
C) unitary.
D) perfectly elastic.

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