Register
A company decreases the price of a gallon of milk by 10 percent and the company's total revenues fall significantly. What term best describes the demand for milk? a. elastic b. inelastic c. unit elastic
155,438 views
37 votes
37 votes
A company decreases the price of a gallon of milk by 10 percent and the company's total revenues fall

significantly. What term best describes the demand for milk?
a. elastic
b. inelastic
c. unit elastic
d. demand elastic

User Bobby StJacques
by
3.1k points

1 Answer

15 votes
15 votes

Your answer is Inelastic.

I hope this helps.

User Muton
by
2.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

Soon after a volcano becomes an island, coral reefs start growing around its edges. These reefs are called a. barrier reefs b. fringing reefs c. artificial reefs
The department that oversees the application of antitrust laws and environmental and civil rights issues and runs the Federal Bureau of Investigation and the Drug Enforcement Administration is the _____.
What two developments changed life in preindustrial societies?
6.4 List two issues in sports that can disturb the implementation of nation-building​
What is an “Unrestricted Submarine Warfare”?
Link Copied!