Demand for Which of the Following Products or Services Is

question 133

Multiple Choice

Demand for which of the following products or services is most likely inelastic?

• A) Fishing boats
• B) Wheat bread
• C) Pedicures
• D) Filet mignon steaks
• E) Digital cameras

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Definitions:

Agar

A gelatin-like substance derived from seaweed that gives a culture medium its semisolid consistency.

Scabies

Skin lesions that are very itchy and caused by a burrowing mite. Scabies is most commonly found between the fingers and on the genitalia.

Parasitic Disease

An illness caused by parasites, such as protozoa, worms, or insects, that live on or inside a host organism.

Ringworm

A fungal infection of the skin that causes a ring-shaped, itchy rash; despite the name, it is not caused by a worm.