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rusak2 [61]
3 years ago
12

A good will have a more elastic demand, A. All of the above. B. the more it is regarded as a necessity. C. the shorter the perio

d of time. D. the greater the availability of close substitutes. E. the broader the definition of the market.
Social Studies
1 answer:
Natali [406]3 years ago
5 0

Answer:

D. the greater the availability of close substitutes.

Explanation:

Price elasticity of demand is a measure of the sensitivity of demand for a good or service to changes in the price of that product. We say that the price elasticity of demand is elastic when a percentage change in the price of this good has major impacts on demand. On the contrary, we say that the price elasticity of demand is inelastic when variations in the price of goods have little or no influence on demand.

Goods that are inelastic in demand are usually consumer-essential goods for which there are few substitution options, such as a cancer drug. On the contrary, elastic goods are those whose price variations diminish the demand for a range of substitute goods. For example, if the price of rice goes up, people may demand spaghetti, which is a substitute good.Therefore, goods with a large number of substitutes tend to have price elastic demand.

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Using two negatives usually turns the thought or sentence into a positive one. Double negatives are generally discouraged in English because they are considered to be poor grammar and they can be confusing. However, they are sometimes used in everyday casual speech and you'll find many examples in popular song lyrics.

A double negative is a statement that contains two bad phrases. If negatives are used in one sentence, the other means may be conveyed. in lots of British, American, and other dialects, two or extra negatives can be used with an unmarried bad which means.

The mixture of the preposition of and a possessive form—either a noun finishing in -'s or a possessive pronoun—is called a double genitive (or double possessive). And while it can appear overly possessive, the development has been around for centuries and it is perfectly accurate.

A double negative sentence has one phrase which flips the meaning of the relaxation, and another which flips it properly returned again. However, it normally reasons more confusion when it's miles used than when it isn't always - and negatives can sneak in thru such expressions as "fail to" or "underestimate" as well as "uns" and "nots".

Learn more about Double negatives here brainly.com/question/16316435

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