A. how far business can reduce cost
B. the degree of competition
C. the extent to which curve shifts
D. consumer responsiveness to price changes
E. none of the above
Correct Answer:
Option D – consumer responsiveness to price changes
A. how far business can reduce cost
B. the degree of competition
C. the extent to which curve shifts
D. consumer responsiveness to price changes
E. none of the above
Correct Answer:
Option D – consumer responsiveness to price changes
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