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Which would generally have a more elastic demand, toothpaste or Crest toothpaste?

A

Toothpaste, because it is generally a small percentage of one's budget.

B

Crest toothpaste, because it is a luxury good.

C

Toothpaste, because it takes a long time to produce.

D

Crest toothpaste, because it has more substitutes.

E

Toothpaste, because it is generally a large percentage of most people's budgets.

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