Kyle P. answered 09/14/20
Tutor
New to Wyzant
Experienced Economics Teacher
The good has Inelastic Demand
When the price changes the quantity demanded changes by a proportionally smaller amount.
Agam P.
asked 09/11/20Kyle P. answered 09/14/20
Experienced Economics Teacher
The good has Inelastic Demand
When the price changes the quantity demanded changes by a proportionally smaller amount.
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