sarahj2085 sarahj2085

17-11-2017
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The more narrowly we define a good, the easier it is to find substitutes, and

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Kalahira Kalahira

27-11-2017

The more narrowly we define a good, the easier it is to find substitutes, and the demand for the good becomes more elastic. Things are assumed to be constant when there is a narrow definition compared to when it has a broader definition.

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