1 answer

Question 3 (0.125 points) If the quantity demanded of capital does not change by a large...

Question:

Question 3 (0.125 points) If the quantity demanded of capital does not change by a large amount when the price of capital inc
Question 3 (0.125 points) If the quantity demanded of capital does not change by a large amount when the price of capital increases by a large amount, we say that the demand elasticity of capital is unit elastic elastic inelastic Can not be determined

Answers

When the demand does not change if the price is changes then is called inelastic demand.

So according to the question inelastic is the correct statement.

So option C is the correct statement.

.

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