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Home Q & A Board Other Fields Homework Help Business Economics
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sgy_89 sgy_89
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7 years ago
The demand for a product tends to be elastic if
A) the product has few good substitutes.
B) consumers generally spend a small fraction of their income on the product.
C) the product has a large number of good substitutes.
D) the product is regarded as a necessity.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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sgy_89 Author
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7 years ago
Thanks
amandamraz
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Yesterday
Thank you, thank you, thank you!
gma_of_7
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2 hours ago
Just got PERFECT on my quiz
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