(Answered) This is a question in regards to ch5 individual and market

Management Studies

This is a question in regards to Ch.5 "Individual and Market Demand" of my Microeconomics (2e Goolsbee) textbook

Suppose that Sarah's demand for specially blended herbal tea is perfectly inelastic over a certain price range. Then, over this price range the herbal tea is necessarily an inferior good for her.

True or False: With the use of an appropriate diagram explain your answer.

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