For which of the following goods and services are prices most sticky?
A)taxi fares
B)beer
C)coin-operated laundry machines
D)airline tickets

Name: For which of the following goods and services are prices most sticky? A)taxi fares B)beer C)coin-operated laundry machines D)airline tickets
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Question

Quizplus · Accepted Answer

Coin-operated laundry machines often have prices that remain unchanged for long periods due to the inconvenience and cost of updating the machines, making them more price sticky compared to the other options.

For Which of the Following Goods and Services Are Prices