A Newspaper Typically Consumes a Smaller Fraction of a Consumer's

Multiple Choice

A newspaper typically consumes a smaller fraction of a consumer's budget than a home entertainment system.Therefore,you would expect the demand for:

A) a home entertainment system to be more price-elastic.
B) a home entertainment system to be more price-inelastic.
C) newspapers to be more price-elastic.
D) the two to be equally price-elastic.