Which of the following statements is true?
A) The demand for health care among healthy young adults is elastic.
B) The demand for health care among healthy young adults is inelastic.
C) The demand for health care among unhealthy older adults is elastic.
D) The demand for health care among healthy older adults is inelastic.
E) The degree of healthiness has no effect on the elasticity of demand for health care.
Correct Answer:
Verified
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