The demand for which of the following commodities is likely to be more price inelastic?
A)food.
B)hamburgers.
C)Big Mac's.
D)sandwiches.

Name: The demand for which of the following commodities is likely to be more price inelastic? A)food. B)hamburgers. C)Big Mac's. D)sandwiches.
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Question

Quizplus · Accepted Answer

Food is a necessity and has fewer substitutes compared to specific items like hamburgers, Big Macs, or sandwiches, making its demand more price inelastic.

The Demand for Which of the Following Commodities Is Likely