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A good that takes up a very large percentage of the consumer's budget will tend to have A. An elastic demand B. A perfectly elastic demand C. an inelastic demand D. an upwa…

A good that takes up a very large percentage of the consumer's budget will tend to have A. An elastic demand B. A perfectly elastic demand C. an inelastic demand D. an upwa…
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A good that takes up a very large percentage of the consumer's budget will tend to have

A. An elastic demand
B. A perfectly elastic demand
C. an inelastic demand
D. an upward-sloping demand curve
E. Very many substitutes

User Patrick Trentin
by
7.3k points

1 Answer

7 votes

Answer:

A. An elastic demand is the answer.

Step-by-step explanation:

User Dsundy
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7.5k points
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