The demand for ice cream is ________ than is the demand for frozen treats because ________.
A. more price elastic; the scope of the market for ice cream is less broadly defined
B. more price elastic; ice cream requires a smaller portion of one's income
C. less price elastic; the scope of the market for ice cream is less broadly defined
D. less price elastic; ice cream requires a smaller portion of one's income
Answer: A
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Which of the following will not shift a supply curve?
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