The Demand for Strawberry Ice Cream Tends to Be Relatively

question 217

Multiple Choice

The demand for strawberry ice cream tends to be relatively price-elastic because:

• A) for most people there are many close substitutes for strawberry ice cream.
• B) it costs so little.
• C) it has to be consumed very quickly.
• D) for most people there are many close substitutes for strawberry ice cream and it costs so little.

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