Question

goods that are considered to be needs tend to be
elastic when the price changes.
inelastic when the price changes.
elastic when the supply changes.
inelastic when the supply changes.

Explanation:

In economics (a subfield of Business), the price elasticity of demand for needs (like essential goods) is typically inelastic. This means that changes in price have a relatively small impact on the quantity demanded, as consumers still need these goods regardless of price fluctuations. Supply - related elasticity is not the main consideration here for needs, and elastic demand for needs (with price changes) goes against the concept of essential goods. So the correct option is the one stating "inelastic when the price changes".

Answer:

B. inelastic when the price changes (assuming the option with this text is labeled as B; adjust the label as per the actual question's option labeling)