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27 April, 10:25

When the quantity demanded for a good is elastic, it means the demand for the product is influenced by price changes.

true or false

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  1. 27 April, 12:23
    0
    well, think of it this way. when there are high demands for something and a lot of it is in stock the prices go down. when there is little in stock the prices go up.

    so no.
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