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Sublight2097 Sublight2097
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8 years ago
The price elasticity of demand for a good tends
A) not to vary over time because people adjust to changed circumstances.
B) to be greater over the long run than over a short period of time.
C) to be less over the long run than over a short period of time.
D) to rise when the demand increases.
E) toward unity in the long run.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Seriously, you've been tremendously helpful! Thank you.
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8 years ago
Another success story!

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