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Question Practice

Which of the following factors can cause the demand for a good to be elastic?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Theory Of Consumer Behaviour
Question Bank

Which of the following factors...

Single Answer MCQ
Q-00089405

Which of the following factors can cause the demand for a good to be elastic?

1

Availability of substitutes

2

Necessity of the good

3

Small portion of consumer budget

4

Less awareness of alternatives

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