A. The price for the product will increase as demand for the product increases.
b. There is particularly high competition with the product, and an increase in price
has a big impact on
orglemand.
c. More of the product will be demanded at a lower price than for a higher price.
d. A small change in the price has very little effect on the quantity of that product
demanded.
Answers: 1
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A. The price for the product will increase as demand for the product increases.
b. There is particu...
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