Examlex
Which of the following would NOT make elasticity of demand for a good more elastic?
Civil Penalties
Civil penalties are fines or other forms of punishment imposed by a governmental agency for violations of regulatory laws or ordinances, not involving criminal prosecution.
Government Regulation
The act of controlling, directing, or managing activities, industries, or entities by a governing body.
Business Law
A branch of law that deals with the rights, relations, and conduct of individuals and businesses engaged in commerce, merchandising, trade, and sales.
Corporations
Legal entities that are separate from their owners, with the ability to own assets, incur liabilities, and conduct business.
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