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Multiple Choice The narrower the definition of a product: A)the larger the number of substitutes and the larger the price elasticity of demand.
Multiple Choice The narrower the definition of a product:A)the larger the number of substitutes and the larger the price elasticity of demand.B)the smaller the number of substitutes and the larger the price elasticity of demand.C)the larger the number of substitutes and the smaller the price elasticity of demand.D)the smaller the number of substitutes and the smaller the price elasticity of demand.