If a Product Is a Necessity and Has No Substitutes

question 191

Multiple Choice

If a product is a necessity and has no substitutes at all, demand for the product is most likely to be:

• A)very inelastic.
• B)inelastic.
• C)unitary elastic.
• D)elastic.

---

Definitions:

Grid Line

Thin lines that form a grid, often used in graphs, tables, or design and drawing programs to guide alignment and spatial distribution.

Desired Line

Refers to the specific line or direction a user intends to follow or achieve in a given context, such as in design or text.

All Markup

A mode in Microsoft Word that displays all types of markup used for editing and reviewing documents.

Legend

A key or guide that explains the symbols, colors, or patterns used in a chart, map, or diagram.