Table 5-1 -Refer to Table 5-1. Which of the Following Is Consistent

question 449

Multiple Choice

Table 5-1
-Refer to Table 5-1. Which of the following is consistent with the elasticities given in Table 5-1?

• A)A is pens and B is pencils.
• B)A is a Snickers bar and B is a Milky Way bar.
• C)A is an airline ticket from Chicago to New York demanded by a vacationer and B is an airline ticket from Chicago to New York demanded by a business traveler.
• D)A is a bottle of water demanded by a tourist in a desert and B is a bottle of water demanded by a tourist in a rain forest.

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