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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 43
The most important determinant of the degree of elasticity of demand is _________
A) whether the item is a big-ticket item
B) whether the item is a luxury
C) how many uses the product has
D) the availability of substitutes
A) whether the item is a big-ticket item
B) whether the item is a luxury
C) how many uses the product has
D) the availability of substitutes
Explanation
Verified
Verified
The availability of substitutes is the m...
Microeconomics 9th Edition by Stephen Slavin
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