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Which of the following scenarios describes inelastic demand?a) A sharp increase in the quantity demanded with a small price dropb) A significant decrease in quantity demanded with a large price increasec) Little change in quantity demanded despite a substantial price increased) A stable quantity demanded regardless of price changesCorrect answer is option 'C'. Can you explain this answer? for Class 10 2025 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Which of the following scenarios describes inelastic demand?a) A sharp increase in the quantity demanded with a small price dropb) A significant decrease in quantity demanded with a large price increasec) Little change in quantity demanded despite a substantial price increased) A stable quantity demanded regardless of price changesCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 10 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following scenarios describes inelastic demand?a) A sharp increase in the quantity demanded with a small price dropb) A significant decrease in quantity demanded with a large price increasec) Little change in quantity demanded despite a substantial price increased) A stable quantity demanded regardless of price changesCorrect answer is option 'C'. Can you explain this answer?.

Solutions for Which of the following scenarios describes inelastic demand?a) A sharp increase in the quantity demanded with a small price dropb) A significant decrease in quantity demanded with a large price increasec) Little change in quantity demanded despite a substantial price increased) A stable quantity demanded regardless of price changesCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 10. Download more important topics, notes, lectures and mock test series for Class 10 Exam by signing up for free.

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