Inelastic demand displays:
A) little price stretch.
B) little quantity stretch.
C) considerable price stretch.
D) considerable quantity stretch.

Name: Inelastic demand displays: A) little price stretch. B) little quantity stretch. C) considerable price stretch. D) considerable quantity stretch.
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Question

Quizplus · Accepted Answer

Inelastic demand means that the quantity demanded does not change much in response to a change in price. Therefore, there is little quantity stretch, but there may still be some price stretch.

Inelastic Demand Displays