Which of the Following Could Explain Why the Demand for Table

question 101

Multiple Choice

Which of the following could explain why the demand for table salt is inelastic?

• A)Salt is a luxury good.
• B)Salt is a rare commodity.
• C)Households devote a very small portion of their income to salt purchases.
• D)Salt is a luxury for high-income consumers but a necessity for low-income consumers.

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Definitions:

Food Management

The process of planning, storing, preparing, and consuming food in a way that meets nutritional needs and food safety.

Detailed Menus

Specifically outlined meal plans that include comprehensive information on ingredients, portion sizes, and nutritional content.

Advantages

Benefits or favorable factors that arise from a particular situation or action.

Disadvantages

The negative aspects, drawbacks, or cons of a situation, choice, or proposition.