All of the following describe the demand for business products except
A) elastic.
B) derived.
C) joint.
D) inelastic.
E) fluctuating.

Name: All of the following describe the demand for business products except A) elastic. B) derived. C) joint. D) inelastic. E) fluctuating.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The demand for business products is typically inelastic, derived, joint, and fluctuating, but not elastic. Elastic demand is more characteristic of consumer products, where demand changes significantly with price changes.

All of the Following Describe the Demand for Business Products