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Nakeiat Nakeiat
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Posts: 325
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5 years ago
Other things being equal, demand is less elastic
A) the more expensive the good is.
B) the smaller the percentage of a total budget that a family spends on a good.
C) the longer is the time period for adjustment.
D) the more substitutes a good has.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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lolawwlolaww
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Posts: 125
5 years ago
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Nakeiat Author
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5 years ago
I'm still confused, but thanks for answering correctly
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