Which of the following accurately describes a situation in which consumers
have elastic demand?
A. Consumers boycott a restaurant because the waiters aren't paid
minimum wage.
B. A company starts using sugar instead of corn syrup because its
revenues are up.
C. A restaurant starts using margarine instead of butter because
butter becomes more expensive.
D. People give up eating pasta and bread because they want to lose
weight
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Which of the following accurately describes a situation in which consumers
have elastic demand?
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