There Are Very Few,if Any,good Substitutes for Automotive Tires

question 269

Multiple Choice

There are very few,if any,good substitutes for automotive tires.Therefore,the demand for automotive tires would tend to be

• A)elastic.
• B)unit elastic.
• C)inelastic.
• D)highly responsive to changes in income as well as changes in prices.

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Definitions:

Directional Terms

Terms used to describe the location of one body part in relation to another, often used in anatomy and medicine.

Inferior

Pertains to a lower position or location in the body.

Control Center

A system or area that manages or regulates certain functions, in biology, often referring to parts of the brain like the hypothalamus that regulate bodily functions.

Set Point

The target value of a system's parameter that is maintained physiologically by bodily control mechanisms for homeostasis.