Multiple Choice
If the quantity demanded is not very responsive to a price change, then the demand curve would be:
A) unit elastic.
B) elastic.
C) inelastic.
D) vertical.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: Galina is a struggling college student. She
Q56: (Figure: Total Revenue) At which point is
Q57: If the price of hot dogs falls
Q58: If prices rise substantially on milk and
Q59: Which price elasticity factor explains why items
Q61: The economic variable in the numerator of
Q62: (Figure: The Price Elasticity of Demand) Using
Q63: (Figure: The Price Elasticity of Demand) Using
Q64: As income rises, the demand for normal
Q65: Gasoline is an example of an:<br>A) income