Quiz 7 Nsu
Submitted by: Submitted by M1GU3L1982
Views: 111
Words: 5585
Pages: 23
Category: Business and Industry
Date Submitted: 06/08/2014 11:28 AM
• 0.2 out of 0.2 points
| | |
| |Which of the following is likely to have the most price inelastic demand? | | | |
| |Selected Answer: | | | |
| | toothpaste | | | |
| | | | | |
• Question 2
0.2 out of 0.2 points
| | |
| |For a good that is a luxury, demand | | | |
| |Selected Answer: | | | |
| |tends to be elastic. | | | |
| | | | | |
• Question 3
0.2 out of 0.2 points
| | |
| |There are very few, if any, good substitutes for motor oil. Therefore, | | | |
| |Selected Answer:...
