The demand for a subway ride is probably ________ than is the demand for a car because ________.

A. less price elastic; people will take a longer time to adjust to the change in the price of a subway ride
B. more price elastic; a subway ride requires a smaller portion of one's income
C. more price elastic; people will take a longer time to adjust to the change in the price of a subway ride.
D. less price elastic; a subway ride requires a smaller portion of one's income


Answer: D

Economics

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Economics