INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Elasticity, Government Policies and Market Efficiency soru detayı:

PAYLAŞ:

SORU:

When we can say that the demand is inelastic?


CEVAP:

Demand is inelastic when the percentage change in quantity demanded is smaller than the percentage change in price. Inelastic demand always takes a value between zero and -1.