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TX-Economics Chamberlain P4 T1
Elasticity and Incentives
Question 5
5
Quiz
Multiple Choice
Elasticity and Incentives
Question 5 • TX-Economics Chamberlain P4 T1
Goods that are considered to be needs tend to be
Answer
A
elastic when the price changes.
B
inelastic when the price changes.
C
elastic when the supply changes.
D
inelastic when the supply changes.
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