Why do consumers sometimes take a while to respond to price changes? - Consumers cannot find acceptable substitutes immediately. - Demand sometimes becomes less elastic over time. - Price changes do not affect consumers. - Consumers need time to decide whether the good is a luxury or a necessity.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why do consumers sometimes take a while to respond to price changes? - Consumers cannot find acceptable substitutes immediately. - Demand ...” in 📘 Advanced Placement (AP) if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which is the best example of collaboration in a digital environment? a. Students meet in-person at a local library. b. Students work together on a project from a distance. c. Students work independently on a project from a distance. d.
Answers (1)
Ava is very involved in her high school, and she is the captain of the soccer team, the president of student council, and the most successful member of her school's debate team.
Answers (1)
The anchor for the zip line is 40 198 horizontal meters from the base of the platform.
Answers (1)
Which fuel is a wet moderately compressed organic matter? A. lignite B. sub bituminous C. bituminous D. peat E. anthracite
Answers (1)
Investing in the stock market will always return your profits as long as you stay in the market long enough ... True or false?
Answers (2)
New Questions in Advanced Placement (AP)
Could a zombie apocalypse happen? Just need to confirm.
Answers (2)
Chayton is studying the age at which people first marry, types of weddings, cost of wedding gifts, and average lengths of marriages. Collectively these are called ... A - determinants B - Outcomes C - variables D - predictions
Answers (2)
What states developed in the Americas, and how did they change overtime?
Answers (1)
Why are consequences an important part of positive parenting? Its important because it teaches them from right and wrong.
Answers (1)
What are good manners? Question 1 options: rules established for older people who are rather inflexible and stoic. thinking of the welfare of another, as expressed through kind, considerate behavior.
Answers (1)