Economic -price inelastic?

If the demand for a product is price inelastic, a. a small change in price will cause a large shift in the demand curve b. a large change in price will cause a small shift in the demand curve c. producers' revenues will increase if supply decreases d. a small change in price will cause a small... show more If the demand for a product is price inelastic,


a. a small change in price will cause a large shift in the demand curve

b. a large change in price will cause a small shift in the demand curve

c. producers' revenues will increase if supply decreases

d. a small change in price will cause a small shift in the demand curve

e. producers' revenues will increase if supply increases
3 answers 3