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"a good with many substitutes will have a _____ curve that is relatively _____ elastic than a good with few substitutes."
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Dec 18, 2018
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"a good with many substitutes will have a _____ curve that is relatively _____ elastic than a good with few substitutes."
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It will have a demand curve that is relatively more elastic than a good with few substitutes. This is because people are able to obtain the good from other places, so there is more flexibility in the curve itself.
SuperJames
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Dec 23, 2018
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