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 124 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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Fish come in many shapes and sizes. This is a sea dragon, a close relative of the seahorse. Their le Fish come in many shapes and sizes. This is a sea dragon, a close relative of the seahorse. Their le
Close-up of the underside of a gecko's foot as it walks on vertical glass Close-up of the underside of a gecko's foot as it walks on vertical glass
From high cotransduction frequencies, close linkage is inferred From high cotransduction frequencies, close linkage is inferred
Three Close Binaries Three Close Binaries
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library