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प्रश्न
A product's demand is ______ when the time period under consideration is longer.
पर्याय
Less elastic
More elastic
Perfectly elastic
Perfectly inelastic
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उत्तर
A product's demand is more elastic when the time period under consideration is longer.
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संबंधित प्रश्न
Under what conditions does the supply of good exhibit unitary elasticity?
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What is meant by unitary elastic demand?
