In economics, if a good is inelastic,

asked Aug 22, 2017 42.9k views

0 votes

by Radi

7.4k points

Please log in or register to add a comment.

6 votes

the Answer is-its supply or demand is not sensitive to price changes.

Kane Cohen answered Aug 24, 2017

8.8k points

4 votes

If a good is inelastic, it means that it's purchase won't change if you change the price in any way. It becomes more of a need than a good.

Ocomfd answered Aug 27, 2017

7.9k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers