Question: Lesson Posttest Question 2 Points 1 A product is considered elastic if the quantity demanded of the particular good or service is very dependent on

Lesson Posttest Question 2 Points 1 A product is considered elastic if the quantity demanded of the particular good or service is very dependent on price the quantity demanded of a particular good or service is not dependent on price the market forces for the quantity demanded of a particular good or service is protected by taxes the quantity supplied of the particular good or service is not dependent on price

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