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If a product goes up in price, and the demand for it drops, that product's demand is A. Elastic B. Inelastic C. Stable D. Fixed

If a product goes up in price, and the demand for it drops, that product's demand is A. Elastic B. Inelastic C. Stable D. Fixed
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If a product goes up in price, and the demand for it drops, that product's demand is

A. Elastic
B. Inelastic
C. Stable
D. Fixed

asked
User Gus Paul
by
7.4k points

2 Answers

4 votes
The products demand would be fixed because something that is classified as fixed is being changed so the change of value of the object would be fixed if the price dropped or increased hope that helps :)
answered
User Sostom
by
8.2k points
4 votes

Answer:

Elastic

Step-by-step explanation:

answered
User Jonepatr
by
7.3k points
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