Multiple Choice
The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
-In the opinion of many consumers, there are few, if any, substitutes for the popular search engine Google. If Google were to charge consumers for its services, it would face:
A) a relatively inelastic demand curve.
B) a relatively elastic demand curve.
C) a negative income elasticity of demand.
D) a positive cross elasticity of demand.
E) a perfectly elastic demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
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