If Demand Is Price Inelastic,then

question 38

Multiple Choice

If demand is price inelastic,then

• A)buyers do not respond much to a change in price.
• B)buyers respond substantially to a change in price,but the response is very slow.
• C)buyers do not alter their quantities demanded much in response to advertising,fads,or general changes in tastes.
• D)the demand curve is very flat.

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