so at these prices, jamming joe's demand for gigabytes of data from connecting U is elastic. Joe, why is this likely the case?a) There are two close substitutes in the market: gigabytes of data from connecting U and Mega Bytes.b) Since I work outdoors, gigabytes of data are a necessity for me. Which one is the answer a or b? I don't which one it is. My demand is elastic.Jamming JoeThat is correct!Econ MentorSo at these prices, Jamming Joe's demand for gigabytes ofdata from Connecting U is elastic. Joe, why is this likely thecase?Curious CallyThere are two close substitutes in the market: gigabytes of data from Connecting U and MegaBytes.Since I work outdoors, gigabytes of data are a necessity for me.

When a good has available substitutes, the consumer can switch to the substitute good in case of an…

so at these prices, jamming joe's demand for gigabytes of data from connecting U is elastic. Joe, why is this likely the case? a) There are two close substitutes in the market: gigabytes of data from connecting U and Mega Bytes. b) Since I work outdoors, gigabytes of data are a necessity for me. Which one is the answer a or b? I don't which one it is.

so at these prices, jamming joe's demand for gigabytes of data from connecting U is elastic. Joe, why is this likely the case? a) There are two close substitutes in the market: gigabytes of data from connecting U and Mega Bytes. b) Since I work outdoors, gigabytes of data are a necessity for me. Which one is the answer a or b? I don't which one it is.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter5: Elasticity

Section: Chapter Questions

Problem 8SCQ: The avenge annual income rises from 25,000 to 33,000, and the quantity of bleed consumed in a year...

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so at these prices, jamming joe's demand for gigabytes of data from connecting U is elastic. Joe, why is this likely the case?

a) There are two close substitutes in the market: gigabytes of data from connecting U and Mega Bytes.

b) Since I work outdoors, gigabytes of data are a necessity for me.

Which one is the answer a or b? I don't which one it is.

My demand is elastic.
Jamming Joe
That is correct!
Econ Mentor
So at these prices, Jamming Joe's demand for gigabytes of
data from Connecting U is elastic. Joe, why is this likely the
case?
Curious Cally
There are two close substitutes in the market: gigabytes of data from Connecting U and Mega
Bytes.
Since I work outdoors, gigabytes of data are a necessity for me.

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