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    Exam 6: Understand Consumer and Business Markets
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    When a Product Has ________ Demand, an Increase or Decrease
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When a Product Has ________ Demand, an Increase or Decrease

Question 146

Question 146

Multiple Choice

When a product has ________ demand, an increase or decrease in the price of the product has little or no effect on the demand for the product.


A) elastic
B) joint
C) derived
D) inelastic
E) fixed

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