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In economics, if a good is inelastic,

Aconsumers have lost an interest in purchasing it.
Bproducers have lost an interest in manufacturing it.
Cits supply or demand is too sensitive to price changes.
Dits supply or demand is not sensitive to price changes.

Verified Answer :

W0lf93
Dits supply or demand is not sensitive to price changes, is the answer.   Goods that are considered to be needs tend to be inelastic when the price changes. the amount produced greatly changes with the price.   The more of these items a good requires, the less elastic its supply will be.

I believe the answer is:D. its supply or demand is not sensitive to price changes.

The products that would be considered as inelastic tend to be the products that considered as 'basic needs' by consumers in the market.
Examples of such product would include Water ,  food, Gasoline, Cooking oil, Health  medicine, etc.

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