Which statement best explains how elasticity and incentives work together? an elastic good, such as a game, is more likely to respond to incentives. an inelastic good, such as a game, is more likely to respond to incentives. an elastic good, such as a game, is less likely to respond to incentives. an inelastic good, such as a game, is less likely to respond to incentives.

The correct answer is A .An elastic good like game is more likely to respond to incentive.

Elasticity and incentive work together in that elastic goods are likely to respond to incentive.

Elasticity shows the measurement on how a variable economic responds to a change. Elasticity responds more than other proportionals in different variables.

Incentive is termed as something which encourages an individual in different ways. For example, Remunerative incentive. This is where an individual expects reward to a material more so money.

Other incentive ways include, coercive incentive, natural incentive, and intrinsic motivation.

b

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