Use the following to answer questions:
Figure: The Demand for Shirts 
-(Figure: The Demand for Shirts) Look at the figure The Demand for Shirts. If the price is below _____, demand is inelastic.
Definitions:
Petroleum
A natural, flammable liquid consisting of a complex mixture of hydrocarbons, used primarily as fuel and in the production of petrochemicals.
Natural Gas
A fossil fuel formed from the remains of ancient marine organisms, used as an energy source and feedstock in various industrial processes.
Transportation
The process of moving goods, people, or animals from one location to another using various modes such as road, rail, air, or waterways.
Safety Inventory
A buffer of stock kept on hand to protect against variability in demand or supply, ensuring that a product remains available for customers despite uncertainties.
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