Examlex
All of the statements concerning Vitamin B12 are CORRECT EXCEPT:
Quantity Demanded
The sum total of a service or good that individuals are interested in buying and can afford at an established price.
Price
The monetary contribution expected, required, or made for acquiring something.
Most Inelastic
Describes goods or services with a demand that is least responsive to price changes; price changes have little effect on the quantity demanded.
Quantity Demanded
The entire quantity of a product or service that buyers are ready and capable of buying at a certain price point.
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