Friday
April 18, 2014

Homework Help: Economics

Posted by Zach Ketchup on Thursday, April 12, 2012 at 10:45am.

The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is due to

A. availability of substitutes.
B. relative importance.
C. necessities versus luxuries.
D. change over time.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Economics - The price of cranberry juice suddenly increases. As a result, Glenda...
Economics - The price of cranberry juice suddenly increases. As a result, Glenda...
Algebra - A farm stand owner mixes apple juice and cranberry juice. How much ...
Math - You are in charge of making punch for an upcoming school dance. The punch...
Chemistry - A large container of cranberry juice is 2.5 liters (L). How many ...
algebra - The owner of a health food store combined cranberry juice that cost $7...
math - COMPLETE ratio table It takes 2 cups of cranberry juice for every for ...
economics - After an unexpected increase in the price of oil, the long run ...
ratio and proportions - a fruit punch recipe calls for 3 parts of apple juice ...
math - cindy is making a punch for a party. the recipe calls for 3 bottles of ...

Search
Members