Demand for which of the following products or services is most likely inelastic?
a. Fishing boats
b. Wheat bread
c. Pedicures
d. Filet mignon steaks
e. Digital cameras
ANSWER: b
Demand for which of the following products or services is most likely inelastic?
a. Fishing boats
b. Wheat bread
c. Pedicures
d. Filet mignon steaks
e. Digital cameras
ANSWER: b