Multiple Choice
A subway ride is ___________________ than a car because ___________________.
A) less price elastic;it is a smaller portion of one's income
B) more price elastic;it is a smaller portion of one's income
C) less price elastic;people will have a longer time to adjust to the change in its price
D) more price elastic;people will have a longer time to adjust to the change in its price
Correct Answer:
Verified
Correct Answer:
Verified
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