Which of the following is the best example of elastic demand?
A. People take fewer vacations as air fare gets higher.
B. Producers ignore budget constraints to make higher profit.
c. People buy gas for their cars no matter what it costs.
D. Producers purchase natural resources to make goods,
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is the best example of elastic demand? A. People take fewer vacations as air fare gets higher. B. Producers ignore ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Which of the following is the best example of elastic demand? A. People take fewer vacations as air fare gets higher. B. Producers ignore budget constraints to make higher profit. c. People buy gas for their cars no matter what it costs. D.