Which of the following would cause a demand curve for a good to be pr – McqOptions

MCQOPTIONS

1.	Which of the following would cause a demand curve for a good to be price inelastic?
A.	the good is a luxury
B.	there are a great number of substitutes for the good
C.	the good is a necessity
D.	the good is an inferior good
Answer» D. the good is an inferior good

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