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Author Question: If a product is narrowly defined, it is likely to (Read 96 times)

Mimi

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on: May 24, 2019
If a product is narrowly defined, it is likely to
◦ have many substitutes and therefore its demand is elastic.
◦ have few substitutes, and therefore its demand is less elastic.
◦ be unique, and therefore its demand is inelastic.
◦ be unique and have many substitutes.
◦ have a larger proportion of income spent on it.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Mimi on May 24, 2019

miss_1456@hotmail.com

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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.
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Mimi

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

brbarasa

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Reply 3 on: Yesterday
:D TYSM

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