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Commerce · Q1071

Economics

Graduate and Post Graduate · Commerce · question 1071

Q1071

The demand for a product would be more inelastic

A.
the greater is the time under consideration
B.
the greater is the number of substitutes available to buyers
C.
the less expensive is the product in relation to incomes
Answer
D.
All of the above

Answer: Option C

Solution

Answer: Option C
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