Advanced Placement (AP), 06.11.2020 22:30 rachelsweeney10

12. How does the price range affect the elasticity of demand for a product? Demand for a good can be elastic at a low price but inelastic at a high price.
Demand for all goods is elastic if the price is low enough.
O Price range has little or no effect on elasticity of demand for a good.
Demand for a good can be inelastic at a low price, but elastic at a high price.

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12. How does the price range affect the elasticity of demand for a product? Demand for a good can b...