Guys i need help in this question thank you for reading its business

the world_record_egg gained more than 25 million likes in just 10 days after posting a image of an egg on 4 january with the caption: “let’s set a world record together and get the most liked post on instagram.”

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer///supply is elastic, and demand is inelastic;