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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
It may be misleading to call water a necessity because
A) the amount of water a community consumes does not vary with the price people must pay for water.
B) the demand for water does not obey the law of demand.
C) the demand for water is highly elastic.
D) the demand for water is highly inelastic.
E) there are many uses of water for which good substitutes exist.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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Sublight2097 Author
wrote...
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
8 years ago
Glad to help you, and good luck with your course.
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3 years ago
thanks
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3 years ago
Thanks
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3 years ago
Thank you!
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3 years ago
Thanks
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3 years ago
thanks
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3 years ago
thank you!
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3 years ago
thank you
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3 years ago
thanks
wrote...
3 years ago
what is the answer ?
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