Multiple Choice
Why might the demand for massages be more elastic than the demand for chiropractic adjustments?
A) Relative to massages, there are more substitutes for chiropractic adjustments.
B) People get massages in the short run and chiropractic adjustments in the long run.
C) Massages are much cheaper than chiropractic adjustments.
D) Massages tend to be luxuries and chiropractic adjustments tend to be necessities.
Correct Answer:
Verified
Correct Answer:
Verified
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