Determining the price elasticity of demand involves all of the following factors except:
A.the slope of the supply curve.
B.the proportion of the budget spent on the item.
C.the time period involved.
D.the number of available substitutes.

Question

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The Answer of Determining the price elasticity of demand involves all of the following factors except:
A.the slope of the supply curve.
B.the proportion of the budget spent on the item.
C.the time period involved.
D.the number of available substitutes.

Determining the Price Elasticity of Demand Involves All of the Following