Airlines continue to purchase the same amount of fuel in order to meet their operational needs regardless of the rise in prices of jet fuel.The type of demand for jet fuel in the above situation is an example of an inelastic demand.

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Inelastic demand refers to a situation where the quantity demanded of a good remains constant or changes very little regardless of changes in its price. In this case, airlines have no option but to purchase the same amount of fuel to operate their flights even if the price increases, hence displaying an inelastic demand for jet fuel.

Airlines Continue to Purchase the Same Amount of Fuel in Order