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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Holding everything else constant, the demand for a good tends to be more elastic
A) the more substitutes there are for the good.
B) the shorter the time period involved.
C) the more consumers perceive the good to be a necessity.
D) the less important the product is in consumers' budgets.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 215 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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wrote...
8 years ago
The textbook reference in your signature really helped me narrow it down.

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