goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price…
goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when the supply changes. inelastic when the supply changes.
Answer
Answer:
B. inelastic when the price changes.
Brief Explanations:
Needs are essential goods. Consumers buy them regardless of price changes, making demand inelastic.