The Demand for a Good Is More Elastic If the

question 56

Multiple Choice

The demand for a good is more elastic if the

• A) good is a necessity.
• B) good has few substitutes.
• C) good is narrowly defined.
• D) supply of the good is plentiful.
• E) Both answers B and C are correct.

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Definitions:

Cohabitants

People living together in a domestic partnership without being legally married to one another.

Married Couples

Two individuals legally joined in matrimony, sharing a life together with rights and responsibilities as defined by their union.

Masturbation

Sexual self-pleasuring that involves some form of direct physical stimulation.

Self-pleasuring

The act of providing sexual pleasure to oneself, typically through masturbation, as a form of sexual exploration and self-care.