shows the extent to which the demand for a product changes when the price of...
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shows the extent to which the demand for a product changes when the price of another product changes. Elasticity of supply O Income Elasticity O Inelastic demand O Elastic demand O Cross price demand elasticity O Luxury or necessity O Time frame O Price elasticity of demand Elasticity O Unitary elastic demand O The number of substitutes O Perfectly elastic demand O Perfectly ineligtic demand O Proportion of income spent on the product O The number of uses
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