Why Would Vanilla Cupcakes Tend to Have Very Elastic Demand

question 211

Multiple Choice

Why would vanilla cupcakes tend to have very elastic demand

• A)because it has many complements
• B)because the market is broadly defined
• C)because there are few substitutes
• D)because other flavours of cupcakes are almost perfect substitutes

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Definitions:

NAS

Network Attached Storage, a file-level storage architecture connected to a computer network providing data access to a group of clients.

Data Backup

The process of copying or archiving files and data so they can be restored in the event of data loss, which can be due to system failure, data corruption, or disasters.

File Sharing

The practice of distributing or providing access to digital media, such as documents, images, videos, or music, over a network.

Wireless Data

The transfer of information or data between devices without the use of wires or cables, often over a radio frequency.