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119. If a consumer was a habitual individual of a commodity, no mat¬ter how much cash their rate changes, the fresh new demand for this new Commodity could well be ________. (a) Elastic (b) Inelastic (c) Very well Flexible (d) Unitary Respond to: (b) Inelastic

What type of the following is the preposition toward relationship be¬tween money flexibility regarding consult therefore the proportion of cash invested in it? [Read more…] about Answer: (d) Demand was inelastic and you will pricing rises