Demand Sensitivity Depends on All of the Following Except

question 77

Multiple Choice

Demand sensitivity depends on all of the following except:

• A)how low the price of the good is.
• B)the sensitivity of a firm's output to changes in its price.
• C)the consumer's income.
• D)the availability and closeness of substitutes.
• E)the amount of time a consumer has to adjust to price changes.

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