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 125 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?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

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?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

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.

Aerial and close-up views of a large biodiversity experiment in Cedar Creek, Minnesota. Each of the Aerial and close-up views of a large biodiversity experiment in Cedar Creek, Minnesota. Each of the
Close-up of a cat's claw, with the quick clearly visible Close-up of a cat's claw, with the quick clearly visible
What makes tea so good What makes tea so good
Close-ups of Jupiter’s Atmosphere Close-ups of Jupiter’s Atmosphere
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Prevalence of good health in Canadians aged 65 years and older Prevalence of good health in Canadians aged 65 years and older
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library