If E1 is the demand elasticity for a product after a price change has been in effect one day, E2 is the demand elasticity for that product after one week, and E3 is demand elasticity for that product after one month,
A. |E3| > |E2| > |E1|
B. |E3| > |E1| > |E2|
C. |E1| > |E2| > |E3|
D. |E2| > |E3| > |E1|
Answer: A
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