Which of the following goods is likely to have the most inelastic demand?
A) restaurant meals
B) air travel
C) movies
D) cigarettes

Name: Which of the following goods is likely to have the most inelastic demand? A) restaurant meals B) air travel C) movies D) cigarettes
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Question

Quizplus · Accepted Answer

Cigarettes are likely to have the most inelastic demand as they are addictive and consumers tend to continue purchasing them even when their price increases.

Which of the Following Goods Is Likely to Have the Most