which statement best explains how elasticity and incentives work together? an elastic good, such as a game…

which statement best explains how elasticity and incentives work together? an elastic good, such as a game, is more likely to respond to incentives. an inelastic good, such as a game, is more likely to respond to incentives. an elastic good, such as a game, is less likely to respond to incentives. an inelastic good, such as a game, is less likely to respond to incentives.

which statement best explains how elasticity and incentives work together? an elastic good, such as a game, is more likely to respond to incentives. an inelastic good, such as a game, is more likely to respond to incentives. an elastic good, such as a game, is less likely to respond to incentives. an inelastic good, such as a game, is less likely to respond to incentives.

Answer

Brief Explanations:

Elastic goods have demand that changes significantly with price or other incentives. Inelastic goods have demand that is less affected by incentives. Games are often elastic goods and more likely to respond to incentives like price - cuts or promotions.

Answer:

An elastic good, such as a game, is more likely to respond to incentives.