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Demand for a good will tend to be more price elastic if it exhibits which of the following characteristic? A

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Demand for a good will tend to be more price elastic if it exhibits which of the following characteristic?

A. There is little time for the consumer to adjust to the price change.

B. It is a non-durable (as opposed to a durable good)

C. It accounts for a small part of the consumer?s total income.

D. The good has many available substitutes.