When Demand for a Product Is _____,An Increase or Decrease

question 49

Multiple Choice

When demand for a product is _____,an increase or decrease in the price of the product will not significantly affect demand for the product.

• A) responsive
• B) elastic
• C) inelastic
• D) derived
• E) bundled

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Definitions:

Language during Assessment

The specific linguistic expressions and vocabulary used by individuals or evaluators during the evaluation of cognitive, academic, or psychological abilities.

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Distinct and independent existence or organization; not connected or combined.

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