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seropon [69]
2 years ago
11

Which would be steeper, an inelastic demand curve or an elastic demand curve? Why?

History
1 answer:
tia_tia [17]2 years ago
3 0

Answer:

A demand curve for a product with low elasticity appears to be steeper, because the quantity demanded doesn't change much, even if prices do. Products with low price elasticity are described as being inelastic

Explanation:

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