For which of the following goods are services prices least sticky?
A) newspapers
B) haircuts
C) microwave ovens
D) airline tickets

Name: For which of the following goods are services prices least sticky? A) newspapers B) haircuts C) microwave ovens D) airline tickets
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Question

Quizplus · Accepted Answer

Airline tickets prices are least sticky because they are highly flexible and can be adjusted quickly based on changes in demand and supply.

For Which of the Following Goods Are Services Prices Least