matthewmt7406 matthewmt7406

21-02-2024
Business

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How does the market react to a good being elastic/inelastic?

a. Negatively for elastic goods, positively for inelastic goods
b. Positively for elastic goods, negatively for inelastic goods
c. Responsively for elastic goods, less responsive for inelastic goods
d. It doesn't affect market dynamics

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