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If both income and substitution-effects are strong, this region of the demand curve must be a) Relatively price elastic b) relatively price inelastic c) unit-elastic d) perfectly inelastic e) perfectly elastic
If both income and substitution-effects are strong, this region of the demand curve must be: relatively price elastic.
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Asked 11/15/2013 8:52:05 AM
Updated 9/8/2015 3:01:57 PM
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If both income and substitution-effects are strong, this region of the demand curve must be a) Relatively price elastic b) relatively price inelastic c) unit-elastic d) perfectly inelastic e) perfectly elastic
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emdjay23
If both income and substitution-effects are strong, this region of the demand curve must be: relatively price elastic.
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Added 9/8/2015 3:01:57 PM
This answer has been confirmed as correct and helpful.
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