Exam (elaborations)
Microeconomics License Exam Questions And Answers Already Passed 2024.
- Module
- Institution
Determinants of Price Elasticity of Demand - Answer Availability of substitutes, Luxury or Necessity, The share of total budget, time dimension Availability of substitutes - Answer greater the number of substitutes, the more ELASTIC the demand, when all firms in a market produce products whi...
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