Demand curves for goods tend to become more inelastic a. when more good substitutes for the good
Question:
Demand curves for goods tend to become more inelastic
a. when more good substitutes for the good are available.
b. when the good makes up a larger portion of a person’s income.
c. when people have less time to adapt to a given price change.
d. when any of the above is true.
e. in none of the above situations.
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