$90$::$6$ccd$2683-136$b$-404$c$-$a$0$d$6-$ff$41280354$ae

$2024$

Join: $125643$

Lauren

ing Elasticity

$11$ hours

$4/8$ answered

Type your answers in all of the blanks and submit

$.$

The demand for coffee is relatively

Write your response here.

for consumers who consider tea and other beverages to be

close substitutes.

When consumers have a lot of time to react to a price increase, demand becomes more

because

they can find other options or ways to reduce consumption.

If a drug like insulin is a necessity for a consumer, their demand is likely to be relatively Write your response here.

For most consumers, a car payment is a significant portion of their budget; this means that the demand for new cars is likely to be relatively Write your response here..

$$

Unanswered

Sulomit