"a good with many substitutes will have a _ curve that is relatively _ elastic than a good with few substitutes."

Question

"a good with many substitutes will have a _____ curve that is relatively _____ elastic than a good with few substitutes."

asked Dec 18, 2018 173k views

1 Answer

← Prev Question Next Question →

Ask a Question

SuperJames · Answer 1 · 2018-12-23T19:06:13+0000

It will have a demand curve that is relatively more elastic than a good with few substitutes. This is because people are able to obtain the good from other places, so there is more flexibility in the curve itself.

"a good with many substitutes will have a _ curve that is relatively _ elastic than a good with few substitutes."

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions