Answer: (d) Consult is actually inelastic and you may cost goes up

119. If the a customer try a habitual user regarding a product, no pad¬ter exactly how much its price alter, the fresh need for new Commodity will be ________. (a) Elastic (b) Inelastic (c) Very well Elastic (d) Unitary Address: (b) Inelastic

Which of the following the is the preposition to the relationship be¬tween money flexibility from consult while the ratio of income spent involved?

This content is for Paid members only.
Log In Register