ItzRaju
ItzRaju ItzRaju
  • 27-02-2022
  • Business
contestada

Define The Term "Inelastic"​

Respuesta :

ashish4112119
ashish4112119 ashish4112119
  • 27-02-2022

Answer:

its about stuff you need day to day

like water, gasoline, housing, and food

when the price goes up or down consumers' buying habits are the same

"static quantity of a good or service when its price changes"

Investopedia lumenlearning

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angelmadhwani307
angelmadhwani307 angelmadhwani307
  • 25-05-2022

Answer:

: not elastic: such as. a : inflexible, unyielding. b : slow to react or respond to changing conditions

Explanation:

hope it helps you:)

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