question archive If an item has several good substitutes, the demand curve for that item is likely to be : - relatively inelastic - relatively elastic - perfectly inelastic - unit elastic
If an item has several good substitutes, the demand curve for that item is likely to be : - relatively inelastic - relatively elastic - perfectly inelastic - unit elastic
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If an item has several good substitutes, the demand curve for that item is likely to be :
- relatively inelastic
- relatively elastic
- perfectly inelastic
- unit elastic
Option 1
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Option 2
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