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Demand & Supply Flashcards | StudBud
Demand & Supply
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If the price of toothpaste increased, what would happen to the elasticity of toothpaste
A
inelastic b/c it's a large portion of a budget
B
Inelastic b/c it's a luxury
C
inelastic b/c it's a low cost necessity
D
elastic b/c there are no substitutes
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