The reason a brand name item (e.g., Tyson chicken) has a larger price elasticity than a class of items (e.g., chicken) is that:
A. there are fewer substitutes for chicken generally than for Tyson chicken.
B. the share of income spent on "chicken" is larger than spent on "Tyson Chicken".
C. it takes a lot of time to adjust to a substitute brand of chicken.
D. there are fewer substitutes for Tyson chicken than for chicken generally.
Answer: A
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Aggregate supply is _____________.
Fill in the blank(s) with the appropriate word(s).