Several Companies Produce Latex Gloves That Are Used in a Variety

Multiple Choice

Several companies produce latex gloves that are used in a variety of different industries.If one of the glove manufacturers decreases its price by just a few percentage points,it will result in a significant increase in quantity demanded.The demand for latex gloves is

A) synergistic.
B) inelastic.
C) unitary.
D) elastic.
E) entropic.