Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Sublight2097 Sublight2097
wrote...
Go to Answer
Posts: 4132
Rep: 15 0
8 years ago
Wealthy people are more likely than poor people to use airplanes rather than busses for interurban travel because
A) their demand for transportation is more elastic.
B) their demand for transportation is more inelastic.
C) they can better afford to use a higher-cost mode of transportation.
D) they are more likely to ignore the relative costs of busses and airplanes.
E) traveling by airplane usually costs them less than traveling by bus.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 317 times
3 Replies
Replies
Answer verified by a subject expert
DropxDropx
wrote...
#1
Top Poster
Posts: 1991
Rep: 225 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Sublight2097 Author
wrote...
#2
8 years ago
Another one in the books, marking it solved.
wrote...
#3
8 years ago
Thanks for the feedback Slight Smile
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1352 People Browsing
 132 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 265
  
 1048
  
 371
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: What's your favorite math subject?