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Other Fields Homework Help Business Topic started by: Lauren1 on Nov 11, 2014



Title: Demand is inelastic if (Multiple Choice)
Post by: Lauren1 on Nov 11, 2014
Demand is inelastic if
A) a large change in quantity demanded results in a small change in price.
B) the quantity demanded is very responsive to changes in price.
C) the price elasticity of demand is less than 1.
D) the price elasticity of demand is greater than 1.


Title: Re: Demand is inelastic if
Post by: MrDereche on Nov 15, 2014
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Title: Re: Demand is inelastic if
Post by: Lauren1 on Nov 17, 2014
Thank you, this really, really helps :heart:


Title: Re: Demand is inelastic if
Post by: MrDereche on Nov 17, 2014
You're welcome!