Multiple Choice
If Microsoft wanted to prove to the federal court that its Windows software has many substitutes that personal computer owners can use, Microsoft hopes to find
A) a positive income elasticity for Windows.
B) that the demand for Windows is inelastic.
C) that the demand for Windows is elastic.
D) a large positive value for the cross elasticity of demand for Windows and other software.
E) a negative income elasticity for Windows.
Correct Answer:
Verified
Correct Answer:
Verified
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