Question: Question 1 7 ( 1 point ) Demand tends to be more elastic in the short term than in the long term. more inelastic in

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17 (1

point

)

Demand tends to be

more elastic in the short term than in the long term. more inelastic in the short term than in the long term. equally elastic in the short term and in the long term. neither elastic nor inelastic in the long term.

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