An increase in the price of flash drives leads to an increase in total expenditures on the flash drives. Which of the following is true for this price change? a. The demand for flash drives is elastic. b. flash drives are an inferior good. c. The demand for flash drives is inelastic. d. The demand for flash drives is perfectly elastic.
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Home » Business » An increase in the price of flash drives leads to an increase in total expenditures on the flash drives. Which of the following is true for this price change? a. The demand for flash drives is elastic. b. flash drives are an inferior good. c.