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Business-To-Business Demand Is Said to Be Relatively Inelastic

Question 25

Multiple Choice

Business-to-business demand is said to be relatively inelastic.This means that _________.


A) As the price increases demand goes up
B) Changes in demand are not significantly affected by the price
C) As demand goes down price goes down with it
D) Demand and supply are independent of each other
E) As the price decreases demand goes down

Correct Answer:

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