Which of the following goods will least likely suffer a decline in demand during a recession?
A) dinner at a nice restaurant
B) iPods
C) toothpaste
D) plasma screen and LCD TVs

Name: Which of the following goods will least likely suffer a decline in demand during a recession? A) dinner at a nice restaurant B) iPods C) toothpaste D) plasma screen and LCD TVs
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Question

Quizplus · Accepted Answer

Toothpaste is a necessity and does not have a substitute. Therefore, its demand is not likely to decline significantly during a recession.

Which of the Following Goods Will Least Likely Suffer a Decline