which statement best explains how elasticity and incentives work together?\no an elastic good, such as a…

which statement best explains how elasticity and incentives work together?\no an elastic good, such as a game, is more likely to respond to incentives.\no an inelastic good, such as a game, is more likely to respond to incentives.\no an elastic good, such as a game, is less likely to respond to incentives.\no an inelastic good, such as a game, is less likely to respond to incentives.

which statement best explains how elasticity and incentives work together?\no an elastic good, such as a game, is more likely to respond to incentives.\no an inelastic good, such as a game, is more likely to respond to incentives.\no an elastic good, such as a game, is less likely to respond to incentives.\no 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 - related incentives. Games are often elastic goods as consumers can easily forgo or delay purchase. Inelastic goods, like necessities, don't change demand much with incentives.

Answer:

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