Author Question: Demand is more elastic for an item for which few substitutes are available. (Read 52 times)

mia

  • Hero Member
  • *****
  • Posts: 564

Demand is more elastic for an item for which few substitutes are available.


◦ true
◦ false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

mia

  • Hero Member
  • *****
  • Posts: 564

tmlewis4706

  • Sr. Member
  • ****
  • Posts: 295

 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

For a complete list of videos, visit our video library