Which of the following goods is likely to have the least elastic demand over the relevant range of prices?
A)insulin
B)eggs
C)milk
D)Pepsi Cola
E)gasoline

Name: Which of the following goods is likely to have the least elastic demand over the relevant range of prices? A)insulin B)eggs C)milk D)Pepsi Cola E)gasoline
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Insulin is a life-saving medication for people with diabetes, and there are few substitutes for it, making its demand highly inelastic.

Which of the Following Goods Is Likely to Have the Least