Demand tends to be _______ in the short run than in the long run.
A)more elastic
B)more inelastic
C)more volatile
D)less important

Name: Demand tends to be _______ in the short run than in the long run. A)more elastic B)more inelastic C)more volatile D)less important
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Question

Quizplus · Accepted Answer

When consumers have more time to adapt to a price change,they are better able to find a substitute or make adjustments in consumption.

Demand Tends to Be _______ in the Short Run Than