Question: I need the correct answer from the options The more time consumers have to adjust to a change in price: 1) the smaller will be

I need the correct answer from the options The more time

I need the correct answer from the options

The more time consumers have to adjust to a change in price: 1) the smaller will be the price elasticity of demand. 2) the greater will be the price elasticity of demand. 3) the more likely the product is a normal good. 4) the more likely the product is an inferior good

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