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Which is likely to occur if there is a price increase for a good which exhibits elastic demand? A) People might buy a more expensive substitute good. B) People might buy a less expensive complementary good. C) People might buy a less expensive substitute good. D) People might buy a more expensive complementary good.

Whitney Matthews

in Social studies

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Blair Lewis on January 31, 2018

The correct answer is C) People can buy less costly substitute good.


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