The Fact That the Demand for Luxury Cars Is Elastic

question 159

Multiple Choice

The fact that the demand for luxury cars is elastic is not surprising because

• A)the supply of luxury cars is inelastic.
• B)there are few substitutes for true luxury cars.
• C)luxury cars are primarily a "status symbol".
• D)luxury cars are relatively expensive.

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A psychological condition characterized by the presence of two or more distinct personality states or identities within a single individual.

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Bullying behavior that uses spoken words, threats, or name-calling to intimidate or humiliate someone.

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