The Demand for Hubba Bubba Bubble Gum Is Likely

question 155

Multiple Choice

The demand for Hubba Bubba bubble gum is likely

• A) elastic because gum is expensive relative to other snacks.
• B) elastic because there are many close substitutes for Hubba Bubba.
• C) elastic because bubble gum is regarded as a necessity by many people.
• D) inelastic because it is consumed quickly, making the relevant time horizon short.

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Definitions:

Facial Expressions

Visual cues resulting from the movement of facial muscles, often conveying a person's emotional state or reactions.

Natural Selection

A process in evolutionary biology where organisms with traits most suited to their environment are more likely to survive and reproduce.

Human Genome

The complete set of nucleic acid sequences for humans, encoding the genetic blueprint of the species.

Mutations

Permanent alterations in the DNA sequence that make up a gene, resulting in the gene functioning differently than normal.