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Which of the following factors is an important determinant of the magnitude of price ...

Which of the following factors is an important determinant of the magnitude of price elasticity of demand?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The production period
  • B Cost of storage
  • C Durability of the product
  • D Availability of factors of production
Correct Answer: Option C
Explanation:

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