Exposure to Unpleasant Sounds and Odors May Constitute Substantial Interference

question 12

True/False

Exposure to unpleasant sounds and odors may constitute substantial interference to justify suit for a private nuisance.

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Definitions:

Elastic

Describes a situation where the quantity demanded or supplied of a good or service is highly responsive to changes in its price.

Inelastic

Characterizes a situation where the demand for a product is not significantly affected by changes in price.

Elastic

Describes a situation in economics where the demand for a product or service significantly changes in response to a change in price.

Inelastic

A characteristic of goods or services for which demand does not significantly change with a change in price.