Other things equal, the demand for a good tends to be more inelastic, thea.
a. more narrowly defined is the market for the good.
b. fewer the available substitutes.
c. more the good is considered a luxury good.
d. longer the time period considered.
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Home » Business » Other things equal, the demand for a good tends to be more inelastic, thea. a. more narrowly defined is the market for the good. b. fewer the available substitutes. c. more the good is considered a luxury good. d. longer the time period considered.