For which of the following goods would the price elasticity of demand ordinarily be greatest?
A) Gasoline
B) Mobil regular gasoline
C) Petroleum products
D) Transportation services
E) Unleaded gasoline
B
Economics
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Increases in capital per hour worked cannot sustain high rates of economic growth unless accompanied by technological change
Indicate whether the statement is true or false
Economics
If factors of production cannot flow between countries
A) there is no reason to expect that wages should be equal worldwide. B) multinational corporations would not exist. C) trade in goods could still occur. D) All of the above.
Economics