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Which of the following is likely to have the most price inelastic demand?
Hierarchy Of Needs
A theory in psychology proposed by Abraham Maslow suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in ascending order of importance.
Appetite Hormones
Biochemical substances produced in the body that regulate hunger, satiety, and food intake.
Hypothalamic Activity
Functions and regulatory processes carried out by the hypothalamus, a region of the brain controlling body temperature, hunger, and thirst.
James-Lange Theory
The theory that our experience of emotion is our awareness of our physiological responses to an emotion-arousing stimulus.
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