An elastic good, such as a game, is more likely to respond to incentives

An elastic good, such as a game, is more likely to respond to incentives

A. An elastic good, such as a game, is more likely to respond to incentives.

B. An inelastic good, such as a game, is more likely to respond to incentives.

C. An elastic good, such as a game, is less likely to respond to incentives.

D. An inelastic good, such as a game, is less likely to respond to incentives

Answer : A. An elastic good, such as a game, is more likely to respond to incentives.

The first option is the correct answer as the inelastic goods are considered to be less responsive towards price changes and these are less likely to provide responses towards the incentives. On the contrary, the elastic goods provide more responses towards the incentives. The elasticity within goods is considered to be a major factor that leads to an increase in the responses that are provided towards the incentives. The first statement is considered to be most appropriate as it is able to depict the likeliness of a game towards incentives and enhancement in the responses that are provided towards price changes.