Question Which statement best describes a product that is considered inelastic? Responses a The product is imported by foreign companies. b The product is made of stretchy material. c The demand for the

Question

Which statement best describes a product that is considered inelastic?
Responses

a The product is imported by foreign companies.

b The product is made of stretchy material.

c The demand for the product is not affected by an increase in price.

d The demand for the product is affected by an increase in price.

1 Answer

Question Which statement best describes a product that is considered inelastic? Responses a The product is imported by foreign companies. b The product is made of stretchy materi…

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions