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a. the good is broadly defined (e.g., the demand for food as opposed to the demand for carrots).
b. the good has relatively few substitutes.
c. a long period of time is required to fully adjust to a price change in the good.
d. none of the above are true.
Answer No. -----D
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d. >>>>>>>>>>>>>>>>>>>>>>>>>>>> none of the above are true.
D...........................................................
MY CHOOSE OPTION D .............................................................................
d. none of the above are true.
Ans. Option D is the right choice>>>>>>>>>
d. none of the above are true. ................................................................................
c. a long period of time is required to fully adjust to price change in the good
answer D ______________________________________________