Which of the Following Is Most Likely to Be Elastic

question 126

Multiple Choice

Which of the following is most likely to be elastic with respect to demand?

• A) Cigarettes.
• B) Shoes.
• C) Gasoline in the short run.
• D) Airline travel in the long run.

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Definitions:

Human Being

A member of the species Homo sapiens, characterized by a capacity for language, reasoning, and the creation of complex cultures.

Myelin Sheath

The fatty layer enveloping axons of some neurons that increases the speed at which impulses propagate along the myelinated fiber.

Neural Messages

Information transmitted through neurons via electrical and chemical signals, facilitating communication throughout the nervous system.

Neurons

Specialized cells in the nervous system that convey information to other neurons, muscles, or glands.