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Of the Following, Which Is the Best Example of a Good

Question 80

Multiple Choice

Of the following, which is the best example of a good with a perfectly inelastic demand?


A) the demand for tickets in New York City when the Mets or Yankees are in the World Series
B) the demand for gasoline
C) a diabetic's demand for insulin
D) the demand for a college education by a student who has a full scholarship to an Ivy League school

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