All of the following are characteristics of elastic demand except:
A.short periods of adjustment.
B.a large number of substitutes.
C.goods with elastic demand that are nonessential goods such as take-out food.
D.goods with elastic demand that are specific brands of goods.

Question

Quizplus · Accepted Answer

The Answer of All of the following are characteristics of elastic demand except:
A.short periods of adjustment.
B.a large number of substitutes.
C.goods with elastic demand that are nonessential goods such as take-out food.
D.goods with elastic demand that are specific brands of goods.

All of the Following Are Characteristics of Elastic Demand Except