If the demand for the product does not change with the small change in price then the demand is said to be ________?

Academy of PakistanTest & Learning

804Active Users

Academy of PakistanTest & Learning

804Active Users

475MarketingMedium

Aaugmented

Belastic

Cinteractive

Dinelastic

Correct answer

D. inelastic

Explanation

inelastic is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

If the demand for the product does not change with the small change in price then the demand is said to be ________? - Answer and Explanation | Academy of Pakistan