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When the price elasticity of demand is perfectly inelastic,what can be said about the elasticity and the demand curve
On Hand
Refers to the amount of inventory currently available or in stock in a business for use or sale.
Indirect Materials
Materials used in the production process that are not directly traceable to the product, often included as part of overhead costs.
Raw Materials
Basic materials used in the production process, not yet transformed into finished goods.
Finished Product
Goods that have been completed through the manufacturing process and are ready to be sold.
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