question archive A demand for a product is less inelastic: a) When it has many close substitutes, b) When it has fewer close substitutes, c) When it has many complements, d) When it has fewer complements

A demand for a product is less inelastic: a) When it has many close substitutes, b) When it has fewer close substitutes, c) When it has many complements, d) When it has fewer complements

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A demand for a product is less inelastic:

a) When it has many close substitutes,

b) When it has fewer close substitutes,

c) When it has many complements,

d) When it has fewer complements.

Option 1

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Option 2

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