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Q. |
If the consumption of a product can be postponed for the time being |
A. | The demand for the product will be inelastic |
B. | The demand for the product will be relatively elastic |
C. | The demand for the product will be perfectly elastic |
D. | The demand for the product will be perfectly inelastic |
Answer» B. The demand for the product will be relatively elastic |
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Fundamentals of Economics and ManagementNo comments yet