Which statement is false?
A)The most important determinant of the degree of elasticity is the availability of substitutes.
B)An elasticity of less than 1 is inelastic.
C)The advertiser wants to push her product's curve to the left and make is less elastic.
D)None of these statements are false.

Question

Quizplus · Accepted Answer

The advertiser would want to push their product's demand curve to the right, making it more elastic. This would indicate that there are more substitutes available and competitors would be more likely to attract customers away with similar offerings.

Which Statement Is False