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| 15.The primary factors that influence the price elasticity of demand for a product are: A:A:the availability of substitute goods, the time that has elapsed since the price of the good changed, and the proportions of consumers' budgets spent on the product. B:B:changes in consumers' incomes, the time since the price change occurred, and the availability of substitute goods C:C:the proportions of consumers' budgets spent on the product, the size of the shift in the demand curve for a product, and changes in consumers' price expectations. |
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