Demand is more inelastic in the short term because consumers:
A) are impatient.
B) have no time to find available substitutes.
C) are present-oriented.
D) None of the preceding statements is correct.

Name: Demand is more inelastic in the short term because consumers: A) are impatient. B) have no time to find available substitutes. C) are present-oriented. D) None of the preceding statements is correct.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

The Answer is B

Demand Is More Inelastic in the Short Term Because Consumers