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Loraine Loraine
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Posts: 4563
9 years ago
If a substitute good is easy to find, then demand for a good is
A) elastic.
B) inelastic.
C) unit elastic.
D) perfectly inelastic.
E) Substitutes don't have any effect on elasticity.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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9 years ago
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9 years ago
You're welcome Happy Dummy
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