Examlex
Of the following, which is the best example of good with a perfectly inelastic demand?
Consulting Firm
A professional service organization that provides expert advice to businesses and organizations across a diverse range of industries and sectors.
Service Company
A business that provides intangible products or services to customers or clients, as opposed to selling physical goods.
Purchasing Cycle
A sequence of steps or procedures undertaken by a business to acquire goods or services from suppliers.
Merchandising Company
A business that purchases finished products and sells them to consumers without changing the physical form of the goods.
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