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Author Question: The more narrowly a product is defined, the less elastic the demand for that product will be. a. ... (Read 162 times)

dakota nelson

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on: Jul 1, 2018
The more narrowly a product is defined, the less elastic the demand for that product will be.
 a. True
  b. False

Question 2

The greater the availability of close substitutes for a product, the greater the price elasticity of demand for that product.
 a. True
  b. False


babybsemail

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


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