A life-saving medicine without any close substitutes will tend to have
a. a small elasticity of demand.
b. a large elasticity of demand.
c. a small elasticity of supply.
d. a large elasticity of supply.
A life-saving medicine without any close substitutes will tend to have
a. a small elasticity of demand.
b. a large elasticity of demand.
c. a small elasticity of supply.
d. a large elasticity of supply.