Answer: (d) Demand is actually inelastic and rates rises

Answer: (d) Demand is actually inelastic and rates rises

119. In the event that a customer is a chronic consumer from an item, zero mat¬ter how much cash its price change, the newest interest in brand new Product would be ________. (a) Flexible (b) Inelastic (c) Really well Elastic (d) Unitary Respond to: (b) Inelastic

Which one of the following the ‘s the preposition on relationships be¬tween earnings suppleness regarding request therefore the ratio cash spent involved? (more…)

Continue Reading Answer: (d) Demand is actually inelastic and rates rises