All else equal, the price elasticity of demand for a good tends to be lower:
All else equal, the price elasticity of demand for a good tends to be lower:
A.if the good represents a large share of a consumer’s budget.
B.in the long run.
C.if the good has many close substitutes.
D.if the good has few close substitutes.
正确答案：if the good has few close substitutes.
Tag：微观经济学 中国大学MOOC微观经济学
时间：2021-12-11 14:36:33
- 上一篇：Suppose the price of a Snickers candy bar is $2.00 at both the airport and the grocery store. The price elasticity of demand for a Snickers candy bar at an airport is likely to be __ the price elasticity of demand for a Snickers candy bar at the grocery s
- 下一篇：Jeans in general have fewer close substitutes than a specific brand of jeans. Therefore, the demand for jeans in general will be __ than the demand for a specific brand of jeans.