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Salt Is an Important Ingredient in Many Soups Produced by Campbell's.If

Question 206

Multiple Choice

Salt is an important ingredient in many soups produced by Campbell's.If the price of salt rises,Campbell's will not likely reduce the amount of salt it purchases from salt suppliers,because salt is such a crucial ingredient.Therefore,you know the demand for the alt is:


A) resistant
B) inelastic
C) derived
D) elastic
E) bundled

Correct Answer:

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