Question #237275

Demand Review: (pick one)

19) Elastic Demand - a change in price cause a (smaller/larger) change in QD.

20) Inelastic Demand- a change in price causes a (smaller/larger) change in QD.


Expert's answer

19) Elastic Demand - a change in price cause a (smaller/larger) change in QD.

20) Inelastic Demand- a change in price causes a (smaller/larger) change in QD.



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