Solved

Factors Affecting the Price Elasticity of Demand Include All of These

Question 8

Multiple Choice

Factors affecting the price elasticity of demand include all of these EXCEPT:


A) percentage of the consumer's budget
B) ​the availability and closeness of substitutes
C) ​positioning as income inferior
D) ​time period of adjustment
E) ​all of the above affect the price elasticity of demand

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions