Question

which of the following goods have inelastic demand​

Answer 1

Answer:

If the elasticity quotient is less than one, the demand is considered to be inelastic. The most common goods with inelastic demand are utilities, prescription drugs, and tobacco products. Another typical example is salt.

Answer 2

Answer:

If the elasticity quotient is less than one, the demand is considered to be inelastic. The most common goods with inelastic demand are utilities, prescription drugs, and tobacco products. Another typical example is salt

Explanation:

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