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A terminally ill patient has been intubated because the advance directive included intubation and ventilatory support if needed. The family, upset to see the "breathing tube," wants to know why he was not permitted to die and demands that something be done immediately. Which of the following should be done in this situation?
Inelastic
Describes a situation where the demand or supply for a good or service is relatively unresponsive to changes in price.
Available Substitutes
Alternative products or services that consumers can use to satisfy the same needs or desires as the product or service in question.
Luxury Good
A product or service that is not essential but is highly desired and associated with wealth or high social status.
Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage change.
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