Elastic Demand Is Usually a Result of the Lack of Substitute

question 104

True/False

Elastic demand is usually a result of the lack of substitute products.

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Definitions:

Blood Vessels

Tubular structures carrying blood through the tissues and organs; a vital part of the circulatory system.

Schedule II

A classification of drugs considered to have a high potential for abuse but also legitimate medical use.

Controlled Substance

a drug or chemical whose manufacture, possession, or use is regulated by government due to its potential for abuse or addiction.

Vasodilators

Medications or substances that relax and expand blood vessels, improving blood flow and reducing blood pressure.