Of the Following Choices, Which Good Should Have the Most

question 28

Multiple Choice

Of the following choices, which good should have the most inelastic price elasticity of demand?

• A)Gasoline to a car owner.
• B)Cigarettes to a smoker.
• C)Insulin to an insulin-dependent diabetic.
• D)Apples to a vegetarian.

---

Definitions:

Oceanic Crust

The relatively thin part of the Earth's crust that underlies the ocean basins, composed largely of basalt and gabbro.

Thickness

The measure of how broad or wide a layer or feature is from one side to the other, often used in geological contexts to describe rock layers.

Regional Elevation

the average height of a specific, extensive area above sea level, often determining its climate and ecosystem.

Crust Density

The mass per unit volume of the Earth's crust, indicating how compact or sparse the crustal materials are.