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Which of the Following Goods or Services Will Most Likely

Question 49

Multiple Choice
Which of the following goods or services will most likely have an inelastic demand? A) Pizza B) Haircuts C) Dinners at a fancy restaurant D) Insulin (medication used to treat diabetes) E) Beer

Which of the following goods or services will most likely have an inelastic demand?


A) Pizza
B) Haircuts
C) Dinners at a fancy restaurant
D) Insulin (medication used to treat diabetes)
E) Beer

Correct Answer:

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