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Home Q & A Board Other Fields Homework Help Business Economics
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thanhha78 thanhha78
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6 years ago
Which of the following factors would indicate more elastic demand?
A) There are few substitutes for the good.
B) Demand is measured over a longer period of time.
C) The good is a necessity, rather than a luxury.
D) The good represents a small fraction of the budget.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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thanhha78 Author
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#2
6 years ago
Can't thank you enough for this, appreciate it!
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