The statement that best explains the elasticity and incentives work together is that an elastic good, such as a game, is more likely to respond to incentives.
What is elasticity?
Elasticity is the term that is used in economics. It calculates the percentage change of one economy shifting in response to a percentage change in another.
It is a broad estimate of the sensitivity of an economic variable in reply to a change in another economic variable.
It is defined as an elastic good, like a game, is additionally possible to react to motivations or incentives.
Therefore, an elastic good, such as a game, is more likely to respond to incentives is the correct statement.
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