Examlex
Which is not a disease caused by arenaviruses?
Inelastic
A characteristic of demand when consumers' purchase quantities are not significantly affected by changes in the price of a good or service.
Good Substitutes
Products or services that can be used in place of one another, satisfying the same needs or wants of the consumer.
Elastic
Describes demand or supply that is highly sensitive to changes in price; a small change in price leads to a large change in the quantity demanded or supplied.
Perfectly Inelastic
Describing a situation where demand or supply does not change in response to changes in price.
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