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All else equal, the price elasticity of demand for a good tends to be lower:

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All else equal, the price elasticity of demand for a good tends to be lower:

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题目:All else equal, the price elasticity of demand for a good tends to be lower:

All else equal, the price elasticity of demand for a good tends to be lower:

A.if the good represents a large share of a consumer’s budget.

B.in the long run.

C.if the good has many close substitutes.

D.if the good has few close substitutes.


正确答案:if the good has few close substitutes.

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All else equal, the price elasticity of demand for a good tends to be lower:

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