New Year Sale Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: ac4s65

All of the following would tend to make the demand for a good highly price...

CIMA BA1 Full Course Access
CIMA BA1 View All Questions

All of the following would tend to make the demand for a good highly price elastic except one. Which ONE is the exception?

A.

There are many close substitutes for the good

B.

The time period under consideration is long

C.

The good is a luxury

D.

The proportion of consumer income spent on the good is small

BA1 PDF/Engine
  • Printable Format
  • Value of Money
  • 100% Pass Assurance
  • Verified Answers
  • Researched by Industry Experts
  • Based on Real Exams Scenarios
  • 100% Real Questions
buy now BA1 pdf
Get 65% Discount on All Products, Use Coupon: "ac4s65"
Next
Why do monopoly market structures charge higher prices than would be charged by more competitive...
Which ONE of the following is NOT a class of stakeholder?
Previous