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15 June, 02:01

In economics, if a good is inelastic,

a. consumers have lost an interest in purchasing it.

b. producers have lost an interest in manufacturing it.

c. its supply or demand is too sensitive to price changes.

d. its supply or demand is not sensitive to price changes.

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Answers (1)
  1. 15 June, 03:03
    0
    The correct answer is D
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