Solved

The Elasticity of Demand for a Good Tends to Increase

Question 148

Multiple Choice

The elasticity of demand for a good tends to increase if:


A) there is an increase in the availability of complements
B) there is an increase in the availability of substitutes
C) the market is considered over a longer period of time
D) the definition of the market is broadened

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions