The fact that millions of consumers are using online search engines for comparison shopping has
A) reduced demand.
B) made consumers more price sensitive.
C) reduced the income effect.
D) reduced price elasticity of demand.
E) increased the income effect.

Question

Quizplus · Accepted Answer

The use of online search engines for comparison shopping has made consumers more price sensitive, as they are able to easily compare prices and find the best deals.

The Fact That Millions of Consumers Are Using Online Search