The Demand for Steak Is _______________________ Than Is the Demand

Multiple Choice

The demand for steak is _______________________ than is the demand for food because _____________________.

A) less price elastic; the scope of the market for steak is more broadly defined
B) more price elastic; the scope of the market for steak is more broadly defined
C) less price elastic; the scope of the market for steak is less broadly defined
D) more price elastic; the scope of the market for steak is less broadly defined