The price elasticity of demand for airplane travel one week in advance of the departure date is most likely to be
A)negative.
B)equal to zero.
C)between zero and 1.
D)equal to 1.
E)greater than 1.

Question

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The Answer of The price elasticity of demand for airplane travel one week in advance of the departure date is most likely to be
A)negative.
B)equal to zero.
C)between zero and 1.
D)equal to 1.
E)greater than 1.

The Price Elasticity of Demand for Airplane Travel One Week