Price elasticity of demand is generally Multiple Choice greater in the short run than in the long run. greater in the long run than in the short run. the same in both the short run and the long run. greater for "necessities" than it is for "luxuries."

The answer is B. greater in the long run than in the short run

Explanation:

Price elasticity is the degree of responsiveness of the quantity demanded or supplied of a good to a change in its price.

It is elastic(greater than one) if it is sensitive to price and inelastic(less than one) if it is insensitive to price.

Price elasticity is greater in the long run than in the short run because in the short-run, consumers don't have time to find alternatives but in the long-run, consumers get more alternatives

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

answer; intensive use of a sales force and is relatively costly;