单选题 The demand for a product tends to be price inelastic if: A. few good complements for the product are available. B. few good substitutes for the product are available. C. people spend a large share of their income on the product.
【正确答案】 B
【答案解析】If a large price change results in a small change in quantity demanded, demand is inelastic. Cigarettes are an example of a good with inelastic demand.