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If Makers of Snake Anti-Venom Implement Significant Price Increases, It

Question 43

Multiple Choice

If makers of snake anti-venom implement significant price increases, it is unlikely to significantly affect the use of anti-venom for treating poisonous snakebites. The demand for anti-venom is:


A) ​elastic.
B) ​inelastic.
C) ​unit elastic.
D) ​unit inelastic.

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