The demand for a product is more inelastica the more, Ask an Expert

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The demand for a product is more inelastic:

a. the more narrowly defined the product.

b. the longer the time period covered.

c. the lower the average income of consumers.

d. the better the available substitutes.

e. the poorer the available substitutes.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91900484

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