ECO111_-_FE_-_SU_2023_485.webp
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ECO111_-_FE_-_SU_2023_485.webp

(Choose 1 answer)
(17236) An inelastic demand means that
A. consumers hardly respond to a change in price.
B. consumers respond substantially to a change in price.
C. consumers respond directly to a change in income.
D. the change in quantity demanded is equal to the change in price.

E25

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