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corie corie
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6 years ago
Which of the following is true about the demand for gasoline?
A) It is probably more price elastic in the long run because price will increase by a higher percentage.
B) It is probably more price elastic in the long run because it is easier to find substitutes for gasoline in the long run.
C) It is probably more price elastic in the short run because price will increase by a higher percentage.
D) It is probably more price elastic in the short run because it is easier to find substitutes for gasoline in the short run.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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#1
Posts: 463
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6 years ago
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corie Author
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6 years ago
Brilliant ツ
carston
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Yesterday
Helped a lot
deathDoUsPart
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2 hours ago
Smart ... Thanks!
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