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Which of the following is an important determinant of the price elasticity of demand?

Kyuubi

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Which of the following is an important determinant of the price elasticity of demand?

Which of the following is an important determinant of the price elasticity of demand?
A) The number of substitutes available
B) The number of uses that the product has
C) The percentage of income spent on the product
D) All of the above

Textbook

Microeconomics

Microeconomics

Edition: 2^nd

Author: James

Read 41 times

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angelverde

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Kyuubi Author

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Thanks for your help!!

Starfiew

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this is exactly what I needed

africa143

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Thanks

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