If consumers can easily switch to a close substitute when the price of a good increases, demand for that good is likely to be:


If consumers can easily switch to a close substitute when the price of a good increases, demand for that good is likely to be:

A.perfectly inelastic.

B.elastic.

C.unit elastic.

D.inelastic.

正确答案:elastic.


Tag:微观经济学 中国大学MOOC微观经济学 时间:2021-12-11 14:36:23