Relative to a cure for AIDS, the demand for an AIDS vaccine would be

Question

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The demand for an AIDS vaccine would be more elastic than the demand for a cure because an AIDS vaccine would be a preventative measure while a cure would be a treatment measure. Therefore, consumers have the option to invest in a preventative measure or not, making their demand more elastic. In contrast, with a cure, the demand is more inelastic because consumers with AIDS require treatment, making it a necessary expense.

Relative to a Cure for AIDS, the Demand for an AIDS