Which of the following is most likely to have an inelastic demand curve?
A) Automobile
B) Vacation
C) Nonelective surgery
D) Recreational vehicle
E) Computer

Name: Which of the following is most likely to have an inelastic demand curve? A) Automobile B) Vacation C) Nonelective surgery D) Recreational vehicle E) Computer
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Question

Quizplus · Accepted Answer

Nonelective surgery is most likely to have an inelastic demand curve as it is a necessary medical procedure that people are often willing to pay any price for, regardless of the cost.

Which of the Following Is Most Likely to Have an Inelastic