Which of the Following Mostly Likely Has a Perfectly Inelastic

question 141

Multiple Choice

Which of the following mostly likely has a perfectly inelastic supply curve?

• A) seeds for fruit trees
• B) health insurance
• C) prehistoric cave paintings
• D) Star Wars movies

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Definitions:

Scienter

A legal term referring to the knowledge of the wrongful nature of one's own act or omission.

Burden of Proof

The obligation to prove one's assertion or claim in a court of law.

Civil Case

A legal dispute between two or more parties in which compensation or specific performance is sought, rather than criminal sanctions.

Criminal Case

A legal proceeding brought against an individual or entity accused of breaking the law, where guilt must be proven beyond a reasonable doubt.