Demand for Clothing Tends to Be

question 190

Multiple Choice

Demand for clothing tends to be

• A)elastic because there are few substitutes for clothing
• B)inelastic because there are few substitutes for clothing
• C)elastic because expenditures for clothing represent a large part of the consumer's budget
• D)inelastic because expenditures for clothing represent a large part of the consumer's budget
• E)elastic because it is a broadly defined good

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