Business, 17.03.2020 03:15, liannaswitzer

Demand is more elastic: a. for broadly defined goods than for narrowly defined ones. b. for goods with many substitutes than for goods with only a few. c. in the short run than in the long run. d. for necessities than for luxuries. e. for goods with no substitutes.

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Demand is more elastic: a. for broadly defined goods than for narrowly defined ones. b. for goods wi...