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单选题 编号:2692088
1. Which of the following statements about elasticity is least accurate?
  • A.Both demand and supply are more elastic in the long run than in the short run.
  • B.When demand is inelastic,an increase in price will cause a decrease in the total expenditure on a good.
  • C.When the price of a product increases,consumers will reduce their consumption by a larger amount in the long run than in the short run.

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