Answers 2027 Ignite Financial Literacy-Personal Finance - EL3403 Case Study: Starting a Business — Unit testQuestion 21

21

QuizMultiple Choice

Case Study: Starting a Business — Unit test

Question 21 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

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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Goods that are considered to be needs tend to be