'

• Question: Which of the following statements is true, according to the video?Multiple ChoiceThe more time passes, the more elastic the demand for a good becomes.The demand for gasoline is more elastic than the demand for vacations.Luxuries have more inelastic demand, because those that buy them tend to be rich.The demand for medical care is more elastic than the demand

  Which of the following statements is true, according to the video?

  Multiple Choice

  The more time passes, the more elastic the demand for a good becomes.

  The demand for gasoline is more elastic than the demand for vacations.

  Luxuries have more inelastic demand, because those that buy them tend to be rich.

  The demand for medical care is more elastic than the demand for fresh fruit.