Which of the Following Products Comes Closest to Having a Perfectly

question 4

Multiple Choice

Which of the following products comes closest to having a perfectly inelastic demand?

• A) petrol
• B) cholesterol medication in general
• C) iPhones
• D) bus rides

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Definitions:

System.out.println

A method in Java used to print a string or other data types to the console or standard output stream.

InvalidIndexException

A type of exception that is thrown when an attempt is made to access an index that is outside the bounds of a list or array.

Array Index

Array Index refers to the numerical position of an element within an array, typically starting with 0 for the first element.

Fixed Number

A constant value or a number that does not change during the execution of a program.