Examlex
Which of the following products comes closest to having a perfectly inelastic demand?
Salary Cap
A limit on the amount of money that a sports team can spend on player salaries, usually imposed by the league to maintain competitive balance.
Stock-price Response
The reaction of a company's stock price to financial news, market events, or unanticipated occurrences affecting the business.
Corporate Dividend
Payments made by a corporation to its shareholders out of the company's profits or reserves.
Earnings Announcements
A public statement released by a company detailing its profits, losses, and financial performance for a specific period.
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