If the Demand for a Life-Saving Drug Was Perfectly Inelastic

question 59

Multiple Choice

If the demand for a life-saving drug was perfectly inelastic and the price doubled,what would happen to the quantity demanded?

• A) It would also double.
• B) It would decrease by 50 per cent.
• C) It would be cut in half.
• D) It would remain constant.

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Definitions:

Pulmonary Disease

A general term referring to disorders that affect the lungs and other parts of the respiratory system.

Constructive Coping

Adaptive strategies for managing stress and resolving problems that contribute to personal growth and positive outcomes.

Behavioural Coping

A strategy involving actions and behaviors a person uses to deal with stressors and challenging situations.

Environmental Tobacco Smoke

Second-hand smoke that comes from burning tobacco products and is inhaled by persons nearby, posing health risks.