If a good is a necessity, demand for the good would tend to be:
A)elastic
B)unit elastic
C)inelastic
D)horizontal

Name: If a good is a necessity, demand for the good would tend to be: A)elastic B)unit elastic C)inelastic D)horizontal
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Quizplus · Accepted Answer

If a good is a necessity, the demand for it would tend to be inelastic, meaning that changes in price would have little effect on the quantity demanded because consumers need the good regardless of price.

If a Good Is a Necessity, Demand for the Good