For a particular good, a 5 percent increase in price causes a 8 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good?
A、There are many substitutes for this good.;
B、The good is a necessity.;
C、The market for the good is narrowly defined.;
D、The relevant time horizon is long.
发布时间:2025-05-28 01:23:36