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Title: Which of the following statements is correct? Post by: Loraine on Jun 20, 2015 Which of the following statements is correct?
A) The demand for New Balance shoes is more elastic than the demand for shoes in general. B) The demand for salt is very elastic. C) The demand for luxuries is less elastic than the demand for necessities. D) The demand for a narrowly defined good is less elastic than the demand for a more broadly defined good. E) The larger the proportion of income spent on a good, the smaller the elasticity of demand. Title: Re: Which of the following statements is correct? Post by: Smoooth on Aug 12, 2015 Content hidden
Title: Re: Which of the following statements is correct? Post by: Smoooth on Aug 31, 2015 Don't mention it :-]
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