The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1

-In the opinion of many consumers, there are few, if any, substitutes for the popular search engine Google. If Google were to charge consumers for its services, it would face:
A)a relatively inelastic demand curve.
B)a relatively elastic demand curve.
C)a negative income elasticity of demand.
D)a positive cross elasticity of demand.
E)a perfectly elastic demand curve.

Question

The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
 
-In the opinion of many consumers, there are few, if any, substitutes for the popular search engine Google. If Google were to charge consumers for its services, it would face:
A)a relatively inelastic demand curve. 
B)a relatively elastic demand curve. 
C)a negative income elasticity of demand. 
D)a positive cross elasticity of demand. 
E)a perfectly elastic demand curve.

Quizplus · Accepted Answer

Google has become a necessity for many consumers, and there are few substitutes for its services. Therefore, consumers would likely continue to use Google even if it charged for its services. This indicates a relatively inelastic demand curve for Google.

The Figure Given Below Shows the Demand Curves for Five