For Which of the Following Categories of Goods Is Demand

question 63

Multiple Choice

For which of the following categories of goods is demand likely to be the most price elastic?

• A)automobiles
• B)foreign-made automobiles
• C)foreign-made sports cars
• D)a BMW sports car

---

Definitions:

Company Wikipage

An internal or external web page that stores information about a company, accessible to employees or the public for reference.

Audience Members Texting

The phenomenon where individuals in an audience use their phones to send messages during a presentation or event.

Slide Text

The written content or bullet points presented on a slide during a presentation or slideshow.

Embracing The Backchannel

The practice of engaging with and leveraging secondary or indirect communication channels within conversations or presentations.