Suppose you have one hour to catch a flight to Miami for spring break, and it takes 45 minutes to drive to the airport. Your car is almost out of gas and the price of gas at the closest gas station is higher than at other gas stations that are much farthe


Suppose you have one hour to catch a flight to Miami for spring break, and it takes 45 minutes to drive to the airport. Your car is almost out of gas and the price of gas at the closest gas station is higher than at other gas stations that are much farther away. To you, the price elasticity of demand for gas is likely to be __ than it would be if you had several hours before the flight.

A.higher

B.lower

C.no different

D.more variable

正确答案:lower


Tag:微观经济学 中国大学MOOC微观经济学 时间:2021-12-11 14:36:45

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