If Demand for a Good Is Very in Elastic,make Up

question 15

Short Answer

If demand for a good is very in elastic,make up a number to represent its elasticity._____

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Definitions:

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant, often used recreationally and known for its potent addictive properties.

Morphine

A potent opiate analgesic drug derived from the opium poppy, used to relieve severe pain.

Marijuana

A psychoactive drug from the Cannabis plant used for medical or recreational purposes, known for its sedative and euphoric effects.

Tolerance

The ability or willingness to tolerate the existence of opinions or behavior that one does not necessarily agree with.