The Demand for Steak Is _______________________ Than Is the Demand

question 82

Multiple Choice

The demand for steak is _______________________ than is the demand for food because _____________________.

• A) less price elastic; the scope of the market for steak is more broadly defined
• B) more price elastic; the scope of the market for steak is more broadly defined
• C) less price elastic; the scope of the market for steak is less broadly defined
• D) more price elastic; the scope of the market for steak is less broadly defined