Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: jman1234 on Jul 1, 2018
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The demand for most agricultural products tend to be price inelastic.
a. True
b. False
Question 2
The demand for most agricultural products tends to be
a. both price and income elastic
b. both price and income inelastic
c. price inelastic and income elastic
d. price elastic and income inelastic
e. unit elastic in terms of price elasticity and income elastic
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Answer to Question 1
B
Answer to Question 2
B