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English, 24.01.2020 05:31 lesliesaucy4987

How does the price range affect the elasticity of demand for a product?
a)demand for a good can be inelastic at a low price, but elastic at a high price.
b)price range has little or no effect on elasticity of demand for a good.
c)demand for a good can be elastic at a low price but inelastic at a high price.
d)demand for all goods is elastic if the price is low enough.

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How does the price range affect the elasticity of demand for a product?
a)demand for a good c...
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