Respuesta :
B. Addicts will have more inelastic demand; their level of consumption will be less responsive to price changes.
For example, when there is a relationship between changes in quantity demanded and the price of a good or service, the elasticity is called the price elasticity of demand. There are two other main types of elasticity of demand. That is, the income elasticity of demand and the cross elasticity of demand.
The question is incomplete. Please read below to find the missing content.
Question: Suppose that the market for crack cocaine consists of two types of users, addicts, and casual users. Casual users only use the drug occasionally, whereas addicts go to much greater lengths to make sure they have some of it readily available whenever they feel the need to consume it.
What would you predict about the demand elasticities for these two types of consumers?
A. Addicts and casual users are both likely to have very elastic demand.
B. Addicts and casual users are both likely to have very inelastic demand.
C. Casual users will have more elastic demand; their level of consumption will be less responsive to price changes.
D. Addicts will have more inelastic demand; their level of consumption will be less responsive to price changes.
Learn more about inelastic demand here: https://brainly.com/question/5078326
#SPJ4
