In your college town, the local government decrees that thousands of apartments close to campus are uninhabitable and must be to

Question

4 years ago

10

rn down next semester. If you want to pay the lowest rent possible, should you hope that demand for apartments is elastic or inelastic?

1 answer:

DochEvi [55] · Answer 1 · 2021-12-17T19:20:01+03:00

8 0

Answer:

Inelastic

Explanation:

I would be hoping that demand would remain relatively static in order to keep price down.