Which of the Following Would Not Be a Characteristic of a Good

Multiple Choice

Which of the following would not be a characteristic of a good with an elastic demand?

A) The product lacks unique features that differentiate it from competing products
B) The product is a high percentage of a consumer's total expenditures
C) The good is an input used to make a product that is sensitive to changes in price
D) There are many substitutes available for the good
E) The product has high switching costs