question archive An inelastic demand indicates that A
An inelastic demand indicates that A
Subject:EconomicsPrice:2.88 Bought4
An inelastic demand indicates that
A. quantity demanded does not vary with changes in the price.
B. relatively large changes in quantity demanded lead to relatively large changes in price.
C. relatively large changes in price are required to obtain a relatively small change in quantity demanded.
D. relatively small changes in price lead to relatively large changes in quantity demanded.
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