Business, 12.11.2019 01:31, lilday2444

Demand is said to be inelastic if a. buyers respond substantially to changes in the price of the good. b. demand shifts only slightly when the price of the good changes. c. the quantity demanded changes only slightly when the price of the good changes. d. the price of the good responds only slightly to changes in demand.

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Demand is said to be inelastic if a. buyers respond substantially to changes in the price of the goo...