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demand is price inelastic if: A: the price of the good responds slightly to a quantity change. B: the demand curve shifts very little when
demand is price inelastic if:
A: the price of the good responds slightly to a quantity change.
B: the demand curve shifts very little when a demand shifter changes.
C: the percentage change in quantity demanded is relatively small in response to a relatively large percentage change in price.
D: all of the above are true.
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