Demand for which of the following would be MOST inelastic?
A) a spring break vacation to Cancun
B) a vacation home in the Smokey Mountains
C) a cavity filled at the dentist
D) a pair of casual shoes at a large shoe store at the mall

Question

Quizplus · Accepted Answer

Demand for getting a cavity filled at the dentist is considered most inelastic because it is a necessary medical treatment, not influenced much by changes in price. Unlike discretionary purchases such as vacations or shoes, dental care for a cavity is a health necessity, making consumers less sensitive to price changes.

Demand for Which of the Following Would Be MOST Inelastic