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_____ Is When Demand Does Not Change-No Matter What the Price.This

Question 80

Multiple Choice

_____ is when demand does not change-no matter what the price.This is an accurate description of the situation when an industrial customer is dependent on one supplier for critical,special materials.


A) Perfect elasticity
B) Elasticity
C) Perfect inelasticity
D) Inelasticity

Correct Answer:

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