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A commodities is said to be price inelastic if ____________

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A commodities is said to be price inelastic if ____________

A. A changes in the quantity purchased of a good is less than proportionate changes in its price
B. Changes in the quantity purchased of a good is proportional to change in its price
C. Changes in the quantity purchased of a good is more than proportionate changes in its price
D. The quantity purchased of a good never responds to change in its price





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