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when demand does not change much after a price change, demand is: a. variable b. static c. elastic d. inelastic
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when demand does not change much after a price change, demand is: a. variable b. static c. elastic d. inelastic

User Haniku
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Inelastic demand in economics is when people buy about the same amount whether the price drops or rises. (thebalance.com definition)

The answer is D. inelastic.

User SJWard
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6 votes
The answer is D. inelastic
User Thebonzitree
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