Business, 26.07.2019 04:30 justin20080

Suppose the price of a good rises. in general, how does the percentage of your budget you spend on that good affect the elasticity of your demand for goods overall? a. the higher the percentage of your budget a good represents, the less elastic your overall demandb. the higher the percentage of your budget a good represents, the more elastic your overall demandc. the lower the percentage of your budget a good represents, the more inelastic your overall demandd. the lower the percentage of your budget a good represents, the more elastic your overall demand

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