Which One of the Following Goods Would Likely Have the Most

question 63

Multiple Choice

Which one of the following goods would likely have the most inelastic demand?

• A) Kellogg's corn flakes
• B) salt
• C) a new Toyota automobile
• D) fresh green beans

---

Definitions:

Ulcers

Open sores that can develop on the lining of the stomach, small intestine, or esophagus, often resulting from inflammation caused by bacteria or erosion from stomach acids.

Burning Sensation

A burning sensation is a feeling of heat or pain in the body that may result from a wide range of medical conditions, including nerve damage, infections, or inflammatory processes.

Stomach

The stomach is a muscular organ located in the upper abdomen that plays a key role in the digestive system by secreting acid and enzymes to digest food before it moves into the small intestine.

Vomiting

The forceful expulsion of stomach contents through the mouth, which can be a symptom of various conditions or a reaction to substances.