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Thread: Demand

  1. #1
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    Demand

    The demand for a good that is a necessity is likely to be:
    Select one:
    A. unit elastic.
    B. perfectly elastic.
    C. elastic, but not perfectly elastic.
    D. inelastic.
    E. None of the other answers is correct



    is it (C) because when the price goes a little bit down quantity goes high a lot
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  2. #2
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    Re: Demand

    Do you know what "elastic" and "inelastic" mean? Again, this is not a mathematics problem.
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  3. #3
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    Re: Demand

    it is (D) for sure thank you i understood that
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