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8 Dec 2019
A good that takes up a very large percentage of the consumer's budget will tend to have
Ā
-
an elastic demand.
-
a perfectly elastic demand.
-
an inelastic demand.
-
an upward-sloping demand curve.
-
very many substitutes.
A good that takes up a very large percentage of the consumer's budget will tend to have
Ā
-
an elastic demand.
-
a perfectly elastic demand.
-
an inelastic demand.
-
an upward-sloping demand curve.
-
very many substitutes.
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8 Dec 2019
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