History, 11.11.2020 22:10 sandygarcia65

What does it mean if a product has a high level of elasticity? A. Demand will only increase slightly if prices fall.
B. Demand won't change much, even as the price changes.
C. Demand will continue to rise, even if prices rise.
D. Demand will change in line with the price.

Answers: 2

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More questions: History Another questions

What does it mean if a product has a high level of elasticity? A. Demand will only increase slightly if prices fall. B. Demand won't change much, even as the price changes. C. Demand will continue to rise, even if prices rise. D. Demand will change in line with the price.

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Another question on History

What does it mean if a product has a high level of elasticity? A. Demand will only increase slightly if prices fall.
B. Demand won't change much, even as the price changes.
C. Demand will continue to rise, even if prices rise.
D. Demand will change in line with the price.