![subject](/tpl/images/cats/ekonomika.png)
Which situation best illustrates the concept of inelastic demand for a
product?
A. A watch company raises its prices after a celebrity is seen
wearing one of its products.
B. A store always sells the same amount of milk each month
regardless of the price.
C. A restaurant begins to see fewer customers each month after
raising its prices
D. A gas station is forced to quickly raise gas prices when oil gets
more expensive
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Answers: 3
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Which situation best illustrates the concept of inelastic demand for a
product?
A. A watch co...
A. A watch co...
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