If quantity quantity demanded is not responsive to price changes then the product would be considered ____ A. Independent B. Inelastic C. Unit elastic

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asked Dec 13, 2023 72.0k views

4 votes

If quantity quantity demanded is not responsive to price changes then the product would be considered ____

A. Independent
B. Inelastic
C. Unit elastic

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Victor Gubin asked

by Victor Gubin

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2 Answers

11 votes

Answer:

Step-by-step explanation:

I stole the answer from my friend:)

Dan Abramov answered Dec 14, 2023

by Dan Abramov

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9 votes

Answer:

B) Inelastic

Step-by-step explanation:

consumers are not very responsive to changes in price.

Patrickmcgraw answered Dec 18, 2023

by Patrickmcgraw

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