MCQOPTIONS
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MCQOPTIONS
| 1. |
If consumers think that there are very few substitutes for a good, then ? |
| A. | Supply would tend to be price elastic |
| B. | none of these answers |
| C. | demand would tend to be price inelastic |
| D. | demand would tend to be price elastic |
| Answer» D. demand would tend to be price elastic | |