The demand for women's clothing is,in general:
A) more elastic than the demand for clothing.
B) less elastic than the demand for clothing.
C) equally elastic to the demand for clothing.
D) neither more elastic, less elastic, nor equally elastic to the demand for clothing.

Question

Quizplus · Accepted Answer

The demand for women's clothing is more elastic than the demand for clothing in general. This is because women have more options when it comes to clothing and can easily switch to substitutes if the price of a certain product increases. Therefore, the demand for women's clothing is more sensitive to changes in price.

The Demand for Women's Clothing Is,in General