jemarcus1999
Answered

You own a sandwich shop in a neighborhood that has many other competing sandwich shops. This means your demand is probably ___________.


Question 6 options:


Inelastic



Time-based



Elastic



Need-based

Verified Answer :

TrentsNana

Elastic the more competing shops the more you have to be better

metchelle

The answer that would best complete the given statement above would be the term INELASTIC. The answer is the first option. You own a sandwich shop in a neighborhood that has many other competing sandwich shops. This means your demand is probably INELASTIC. Hope this helps.

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