If the quantity demanded of good changes drastically when the price changes, the good is relatively elastic. Elastic is an economic term describing the change in the behavior of buyers and sellers in response to a price change for a good or service. For example, these days there are many alternatives to Heinz soup. If price rises, people will switch to less expensive varieties. Instead, tap water is a necessity with no alternatives. If the water company increase the cost of water bills, people would keep buying the service. It would have to rise to a very high price before people disconnected their water supply. This is why tap water is regulated by the government.
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What!? ellaborate more and maybe i can help you!
The Lahore Resolution, also commonly known as the Pakistan Resolution, hopes to create a religious - Islamic state. The goal was to protect Islam from the onslaught of other religions of India. Thus, the answer to the question above is letter B.
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It's likely due to the fact that drinking has been normalized more in society. It's shown more in media teenagers consume than other dangerous products. They also see adults in their lives engage in drinking much more often than they see them do drugs or smoke.
