1 which of the following is not a determinant of the price, Ask an Expert

Economics

1. Which of the following is not a determinant of the price elasticity of demand?

The time frame-whether it is in the short run or long run.

The number of substitute goods available.

The share of a consumer's budget.

The amount of income the consumer has.

2. Most goods can yield

Both positive and negative marginal utility.

Only negative marginal utility.

Only positive marginal utility.

Only zero marginal utility.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91996443

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