asked 102k views
5 votes
When someone is willing to continue to purchase a good even though its price rises dramatically, the demand for the good is said to be elastic? Inelastic. Flexible. Unaffected.

asked
User Jjjjs
by
7.8k points

1 Answer

4 votes
I would say it's Inelastic.
answered
User Kaytrance
by
7.9k points
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