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Business, 19.07.2021 23:50 jrenwick001

All of the following statements are true EXCEPT:. A. the demand for gasoline is more elastic the longer the time elapsed.
B. the smaller the proportion of income spent on a​ good, the more inelastic demand will be.
C. the demand for food is less elastic than the demand for a Hawaiian vacation.
D. the demand for Nike running shoes is less elastic than the demand for shoes.
E. the demand for clothing is less elastic than the demand for blue jeans.

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