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 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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