The more narrowly we define a good, the easier it is to find substitutes, and

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asked Sep 4, 2018 167k views

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Elvis · Answer 1 · 2018-09-10T16:40:59+0000

The more narrowly we define a good, the easier it is to find substitutes, and the demand for the good becomes more elastic. Things are assumed to be constant when there is a narrow definition compared to when it has a broader definition.

The more narrowly we define a good, the easier it is to find substitutes, and

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