menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Principles for a Changing World
  4. Exam
    Exam 5: Elasticity
  5. Question
    Which of These Is the MOST Likely to Have the Highest
Solved

Which of These Is the MOST Likely to Have the Highest

Question 293

Question 293

Multiple Choice

Which of these is the MOST likely to have the highest elasticity of demand?


A) salt
B) pepper
C) dog food
D) theme park tickets

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q288: During the short run, companies cannot make

Q289: Economists use the absolute value of the

Q290: Describe the difference between elastic and inelastic

Q291: The price elasticity of demand for a

Q292: If the price elasticity of demand is

Q294: If quantity demanded rises by 60% and

Q295: Increasing prices _ total revenue for a

Q296: In which situation would consumers bear the

Q297: Assume the price of a good is

Q298: Deadweight loss is minimized when both the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines