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  3. Study Set
    Fundamentals of Investments Study Set 4
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    Exam 4: Efficient Markets, Investment Value, and Market Price
  5. Question
    Securities with Few Close Substitutes Are Considered Unique and This
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Securities with Few Close Substitutes Are Considered Unique and This

Question 14

Question 14

Multiple Choice

Securities with few close substitutes are considered unique and this relation means that the aggregate demand-to-buy schedule will be


A) perfectly elastic
B) somewhat elastic
C) perfectly inelastic
D) relatively inelastic

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