Demand Often Shows

question 177

Multiple Choice

Demand often shows:

• A)more elasticity in the short run than in the long run.
• B)less elasticity in the long run than in the short run.
• C)the same elasticity in the short run and in the long run.
• D)less elasticity in the short run than in the long run.

---

Definitions:

Prisons

Facilities where individuals convicted of crimes are held as part of their punishment and rehabilitation process.

Asylums

historically refers to institutions created for the care of individuals with mental illnesses, though practices and conditions varied widely.

Forced Labor

Work that people are compelled to do against their will under threat of punishment.