Multiple Choice
Of the following items, which has the most inelastic demand?
A) food
B) fruit
C) apples
D) Gala apples
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q407: Suppose Target decided to lower the price
Q494: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q495: "The number of substitutes available affects the
Q496: Because of an increase in the price
Q497: If the demand for cigarettes decreases after
Q498: When the price elasticity of demand for
Q500: On most days the price of a
Q501: If when income increases by 2 percent
Q503: A normal good is defined as a
Q504: Joan's income has just risen from $940