Salt Is an Important Ingredient in Many Soups Produced by Campbell's.If

question 206

Multiple Choice

Salt is an important ingredient in many soups produced by Campbell's.If the price of salt rises,Campbell's will not likely reduce the amount of salt it purchases from salt suppliers,because salt is such a crucial ingredient.Therefore,you know the demand for the alt is:

• A) resistant
• B) inelastic
• C) derived
• D) elastic
• E) bundled

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Definitions:

Equivalent

Items or quantities that are equal in value, function, or meaning.

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Regular payments of the same amount over a specified period, typically used in installment plans or loans.

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Focal Date

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