The demand for ice cream is _________________ than is the demand for frozen treats because ________________.
A) less price elastic; ice cream requires a smaller portion of one's income
B) more price elastic; ice cream requires a smaller portion of one's income
C) less price elastic; the scope of the market for ice cream is less broadly defined
D) more price elastic; the scope of the market for ice cream is less broadly defined

Question

Quizplus · Accepted Answer

The Answer of The demand for ice cream is _________________ than is the demand for frozen treats because ________________.
A) less price elastic; ice cream requires a smaller portion of one's income
B) more price elastic; ice cream requires a smaller portion of one's income
C) less price elastic; the scope of the market for ice cream is less broadly defined
D) more price elastic; the scope of the market for ice cream is less broadly defined

The Demand for Ice Cream Is _________________ Than Is the Demand