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If consumers believe they need a product and are willing to pay for it regardless of price, that means the product's demand is _________. A. Unstable B. Variable C. Elastic D. Inelastic

2 Answers

3 votes
that means the product is inelastic

User Nick Settje
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6 votes
If consumers believe they need a product and are willing to pay for it regardless of price, that means the product's demand is inelastic.
User Jhuynh
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