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Which of the following factors leads to a greater inelasticity ofdemandof the product, ceteris paribus? Select one: a.the good has a larger number of available
Which of the following factors leads to a greater inelasticity ofdemandof the product, ceteris paribus?
Select one:
a.the good has a larger number of available substitutes
b.there has been a longer time elapsed since the change in price of the good
c.the good uses very unique factors of production to produce
d.the good makes up a rather large proportion of the consumer's budget
e.none of the answers listed here is correct
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