Demand is said to be elastic if:
a. the price of the good responds substantially to changes i...
Business, 29.10.2019 21:31 coolfab9338
Demand is said to be elastic if:
a. the price of the good responds substantially to changes in demand.
b. demand shifts substantially when income or the expected future price of the good changes.
c. buyers do not respond much to changes in the price of the good.
d. buyers respond substantially to changes in the price of the good.
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