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Question
Several companies produce latex gloves that are used in a variety of different industries. If one of the glove manufacturers decreases its price by just a few percentage points, it will result in a significant increase in quantity demanded. The demand for latex gloves is
A. synergistic.
B. inelastic.
C. unitary.
D. elastic.
E. static.
Answer
This answer is hidden. It contains 139 characters.
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