Weegy: A product with elastic supply is one where the price you offer will have a strong impact on whether the seller will sell.
A. cargo ships User: How does a person’s perception of a good as a necessity or a luxury affect his or her purchase of it?
A. If a good is perceived as a luxury, demand becomes elastic.
B. People who have a lot of money will buy goods even if they think they are a luxury.
C. A good that is perceived as ... (More)