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Farmer Jack Grows Organic Cotton Which He Sells Primarily to a Local

Question 49

Multiple Choice

Farmer Jack grows organic cotton which he sells primarily to a local company specialising in the manufacture of bedding and bath linen. The demand for Farmer Jack's yarn is highly dependent on consumer demand for new household linen. This is an example of demand.


A) elastic
B) fluctuating
C) inelastic
D) J- curve
E) derived

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