If the quantity demanded of a good changes drastically when the price changes, the good is relatively .
Based on this graph, the good being shown is most likely .
If the quantity demanded of a good does not change much when the price changes, the good is relatively .
An example of a need is .
An example of a want is .
If the price of a need goes up, people tend to buy .
If the price of a want goes up, people tend to buy .
The line at PF represents the .
The line at PE represents the .
The line between points A and B represents .
The price ceiling means there will be in the supply of rental spaces.
Landlords will not raise rent prices as demand increases because they .
Did you find these answers helpful?