This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a good has many close substitutes, then its demand is most likely (Read 67 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: May 24, 2019
If a good has many close substitutes, then its demand is most likely
◦ elastic.
◦ inelastic.
◦ unit elastic.
◦ perfectly inelastic.
◦ elastic or inelastic depending on whether the price of the good is increasing or decreasing.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobbysung on May 24, 2019

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


bobbysung

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: May 24, 2019
Thank you!


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Close-up view of Pluto's mountains, frozen plains and hazes Close-up view of Pluto's mountains, frozen plains and hazes
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Too Much Alcohol Costs You Good Nutrition Too Much Alcohol Costs You Good Nutrition
How ABA Causes Stomata to Close How ABA Causes Stomata to Close
Video: Coronary Heart Disease

For a complete list of videos, visit our video library