on average, teenagers have lower income than adults. given this fact, the teenager demand for cigarettes…

on average, teenagers have lower income than adults. given this fact, the teenager demand for cigarettes should be ____________ compared to adult demand for cigarettes. more inelastic perfectly inelastic more elastic equally elastic

on average, teenagers have lower income than adults. given this fact, the teenager demand for cigarettes should be ____________ compared to adult demand for cigarettes. more inelastic perfectly inelastic more elastic equally elastic

Answer

Brief Explanations:

Income - elasticity of demand plays a role here. Teenagers with lower income are more sensitive to price - changes as a larger proportion of their income is affected. So, a change in the price of cigarettes will have a relatively larger impact on their quantity demanded compared to adults. Elastic demand means that quantity demanded is highly responsive to price changes.

Answer:

C. more elastic