Which of the following is a determinant of the price elasticity of demand for a product? I. The existence of substitute goods II. The percentage of a consumer's total budget devoted to purchases of that commodity

A) I only
B) II only
C) both I and II
D) neither I nor II

C

Economics

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Coins and dollar bills are money in the form of:

a. barter. b. currency. c. capital stock. d. investment.

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Stanley Jevons accurately predicted the inevitable bankruptcy of England's coal industry

Indicate whether the statement is true or false

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