Who probably has more elastic demand for a Hertz rental car: Someone who reserves a car online

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Who probably has more elastic demand for a Hertz rental car: Someone who reserves a car online weeks before a trip, or someone who walks up to a Hertz counter after he walks off an airplane after a 4-hour flight? Who probably gets charged more?

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:39 AM

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Who probably has more elastic demand for a Hertz rental car: Someone who reserves a car online

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The person who shops in advance probably has a more elastic demand If Hertz ...View the full answer

Modern Principles of Economics

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