When Demand Is Inelastic

question 248

Multiple Choice

When demand is inelastic

• A) quantity demanded is very responsive to a change in price.
• B) quantity demanded is not very responsive to a change in price.
• C) the proportional change in quantity demanded is equal to the proportional change in price.
• D) producers react quickly to price changes.

---

Definitions:

Characteristics

Features or qualities that distinguish an individual, object, or phenomena from others.

Phenomenon

An observable event or fact, especially one that is not fully understood.

Eyewitness Testimony

Evidence provided by individuals who were present during an event, offering their personal observations and recollections.

Defense Attorney

A lawyer who represents the accused in legal proceedings, aiming to defend and protect their client's rights.