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The Price Elasticity of Demand for a Variable Input Will

Question 207

Multiple Choice

The price elasticity of demand for a variable input will be more elastic in all the following cases EXCEPT


A) the greater the price elasticity of demand for the final product.
B) the easier it is for a particular variable input to be substituted for by other inputs.
C) the larger the proportion of total costs accounted for by a particular variable input.
D) the shorter the time period being considered.

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