MCQOPTIONS
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| 1. |
If the consumption of a product can be postponed for the time being |
| A. | The demand for the product will be inelastic |
| B. | The demand for the product will be relatively elastic |
| C. | The demand for the product will be perfectly elastic |
| D. | The demand for the product will be perfectly inelastic |
| Answer» C. The demand for the product will be perfectly elastic | |