Answer:
If demand curve is steeper, this shows that demand is inelastic.
Step-by-step explanation:
Inelastic is when the price changes by a greater percentage compared to the percentage change in demand.
So an increase in price will NOT cause much greater effect on the quantity demaded.
DEMAND WILL BE STEEPER IF:
There are no close substitutes available for the product.
If the product is a necessity (essential for living)
If the product costs only a small proportion of income
It the product is addictive e.g coffee, tea, e.t.c
If the product can NOT be delayed.