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Business, 09.10.2019 17:30 tata64

Which is likely to occur if there is a price increase for a good which exhibits elastic demand?
a. people might buy a more expensive substitute good.
b. people might buy a less expensive complementary good.
c. people might buy a less expensive substitute good.
d. people might buy a more expensive complementary good.

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Which is likely to occur if there is a price increase for a good which exhibits elastic demand?
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